1. A bond ladder a. Helps reduce the risk of changes in interest rates by spacing out the maturities. b. Is a monthly contribution into a bond mutual fund. c. Guarantees to always get the best...

1. A bond ladder

a. Helps reduce the risk of changes in interest rates by spacing out the maturities.

b. Is a monthly contribution into a bond mutual fund.

c. Guarantees to always get the best interest rates on the bonds.

d. Is a strategy that helps achieve financial goals by “climbing the ladder.”