A bond ladder strategy is designed primarily to accomplish which of the following?

a.Concentrate all maturities in a single long-dated bond
b.Maximize speculative short-term trading gains
c.Spread maturities over time to manage interest rate and reinvestment risk
d.Eliminate all credit risk from a portfolio

Explicación

A bond ladder staggers maturities across several dates so that portions of the portfolio mature and can be reinvested at regular intervals. This smooths reinvestment risk and reduces sensitivity to any single interest rate environment. It also provides periodic liquidity without concentrating maturity risk.

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