SECTION 3.1 GRANITE IS NOT ONLY TILTING THE PORTFOLIOS WITH REGARD TO...

4.) Is Whitney's approach to rebalancing a portfolio using dollar duration most likely

correct?

A. No, the steps do not provide the amount of cash needed for rebalancing

B. No, there is no need to move forward in time

C. Yes

Answer = C

"Fixed-Income Portfolio Management – Part I," H. Gifford Fong and Larry D. Guin