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It is not our purpose to examine in great detail the analytical “tools of the trade”; these techniques are covered extensively elsewhere. Our focus is broader and emphasizes the effective construction of a fixed-income portfolio and related risk issues. The fixed-income portfolio management process and the major themes in managing the fixed-income portion of a portfolio receive the emphasis in this reading.
(Level III 2012 Volume 4 Fixed Income and Equity Portfolio Management, 5th Edition. Pearson Learning Solutions p. 6).
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