Discuss how strictly adhering to an investment strategy of, Financial Management

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Discuss how strictly adhering to an investment strategy of

1. Discuss how strictly adhering to an investment strategy of dollar cost averaging over time should always result in a lower average cost to the investor than if a share averaging strategy was followed

2. Describe the market environment when the investment strategies of dollar cost averaging and bond laddering work best

3. Discuss how the strategy of immunization is related to (a) reinvestment risk and (b) interest rate risk

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