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A company owes 160 and 120 to be paid at the end of year 5 and year 8, respectively. The company purchased 2 assets to
A company owes 160 and 120 to be paid at the end of year 5 and year 8, respectively. The company purchased 2 assets to satisfy the first 2 conditions of the Redington immunization. The first asset provides a cash flow of A at time t, where t
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