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A pension plan is obligated to make distribution of $2 million, $1 million, $3 million and $4 million at the end of each of the

A pension plan is obligated to make distribution of $2 million, $1 million, $3 million and $4 million at the end of each of the next four years, respectively. Find the duration of the plans obligations if the interest rate is 8% annualy.

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