The q is
Based on Exhibit 2, relative to Portfolio C, Portfolio B:
A. has higher cash flow reinvestment risk.
B. is a more desirable portfolio for liquidity management.
C. provides less protection from yield curve shifts and twists.
The Answer is B.
Why is the answer not A as well? I get that its B and that’s fine but laddered portfolios can have higher cash flow reinvestment risk.