Processing transactions and generating reports do not work well with a single database instance

The most appropriate description of the strategy that Haley suggests in his Statement #3 is to create a portfolio that:

A. has cash flows concentrated around the horizon date. B. is duration matched but uses cash flow matching in the later years of the liability schedule. C. is duration matched but uses cash flow matching in the initial years of the liability schedule.

All of the following statements apply to an estoppel certificate except:

A. It may also be called a letter of estoppel B. It is used to confirm that the lien or obligation exists C. It is used to confirm the outstanding loan balance as of a given date D. It forms a lien against the property