5. Suppose that the pension you are managing is expecting an inflow of funds of $100 million...

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5. Suppose that the pension you are managing is expecting an inflow of funds of $100 million next. year and you want to make sure that you will earn the current interest rate of 8% when you invest the incoming funds in long-term bonds. How would you use the futures market to do this?

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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