Many companies have developed an asset/liability management approach that is founded on understanding product liabilities.

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Many companies have developed an asset/liability management approach that is founded on understanding product liabilities.

Mortgages meet the primary objective of maintaining:
A . A tight asset/liability match
B . A well-diversified core of investments
C . A tight asset/liability match with a well-diversified core of investments.
D . Real estate lending by insurance companies

Answer: C

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