5. Carole Bonani manages a fund that has an average duration of its liabilities equal to 10 years. The fund is looking at 5-year maturity zero-coupon bonds and 6% yield perpetuities to immunize its interest rate risk. How much of the fund's portfolio should Carole allocate to the zero-coupon bonds to immunize if there are no other assets funding the plan? OA) 60% B) 40% C) 30% O D) 25% E) None of the above 6. After 1 year, a risky portfolio would have a 40% chance of tripling your investment and a 60% chance of losing 75% of your money. What is your expected return on this investment? * OA) 165% B) 35% C) 65% OD) 16.5% OE) None of the above