Briefly explain three key goals of Asset/Liability Management

Learning Goal: I’m working on a risk management multi-part question and need an explanation and answer to help me learn.

Q1: Briefly explain three key goals of Asset/Liability Management (ALM)?

Q2: Discuss four Purposes of the Internal Risk Rating System (IIRS)?

Q3) What is the difference between default and bankruptcy?

This assignment is an individual assignment.

V The Assignment must be submitted only in WORD format via the allocated folder.

V Assignments submitted through email will not be accepted.

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V Students must mention question numbers clearly in their answers.

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v Avoid plagiarism; the work should be in your own words; copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

v All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).