Immunisation Can Best Be Described As

Multiple Choice

Immunisation can best be described as:

A) the ability of investors to choose a bond investment that minimises reinvestment risk.
B) the ability of investors to choose a bond investment that minimises interest rate risk.
C) the ability of investors to choose a bond investment that matches cash inflows with outflows.
D) the ability of investors to choose a bond investment that achieves some future target regardless of changes to interest rates.