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-0. A liability has payments of 7000, 5000 and 3000 at times 1, 2 and 3. It will be fully immunized with cash and a
-0. A liability has payments of 7000, 5000 and 3000 at times 1, 2 and 3. It will be fully immunized with cash and a 4 year 0 coupon bond. How much cash would be held at i = .05. A 8000
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