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10. The Macauleys Duration of a portfolio of bonds is 7.25 years. You are going to replicate that portfolios Duration using a combination of 1-year

10. The Macauleys Duration of a portfolio of bonds is 7.25 years. You are going to replicate that portfolios Duration using a combination of 1-year Zeros and Perpetuities (@6%). What percentage of Zeros will you use to create the immunization strategy?

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