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a pension plan will have a cash outflow in 3 years. they can invest in 2 year bonds with duration of 1.7 years and 4

a pension plan will have a cash outflow in 3 years. they can invest in 2 year bonds with duration of 1.7 years and 4 year bonds with a duration of 3.7 years. to immunize the portfolio , the proportion invested in the 4 year bonds should be __

please show all work and formulas

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