ANSWER THE FOLLOWING QUESTIONS. Each question should be answered in at least 200 words. Quality of content and use of course and outside-of-course resources to support your position or analysis. When applicable, refer to your workplace using it and your own job as examples. The answers should not be in the form of essay, just straight to the point, in full sentences- Work must be original and cite your sources.Immunization strategies are characteristic of passive bond portfolio management. What are those strategies?What monetary and fiscal policies might be prescribed for an economy in a deep recession?How can a perpetuity, which has an infinite maturity, have a duration as short as 10 or 20 years?What are the differences between bottom-up and top-down approaches to security valuation? What are the advantages of a top-down approach?
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