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. A company owes $100 to be paid at times 2, 4, and 6. The company plans to meet the obligation with an investment program
. A company owes $100 to be paid at times 2, 4, and 6. The company plans to meet the obligation with an investment program that produces asset cash flows of Aj at time 1 and Ag at time 5 using Redington immunization. The effective rate of interest is 10%. (a) Determine Aj and A5. (b) Does this investment program satisfy the conditions for Redington immunization
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