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An absolute matching strategy is employed for the following cash flows: Time Cash Flow 1 13,100 2 17,700 3 22,100 4. 18,800 5 15,600 There
An absolute matching strategy is employed for the following cash flows: Time Cash Flow 1 13,100 2 17,700 3 22,100 4. 18,800 5 15,600 There are available bonds at each term from 1 to 5 with year-end coupons of 4 and redemption value of 100. Which portfolio matches these cash flow? 100.00 of term 1, 150.00 of term 2,200.00 of term 3, 175.00 of term 4 and 150.00 of term 5 102.98 of term 1, 155.19 of term 2, 207.49 of term 3, 181.76 of term 4 and 156.00 of term 5 125.96 of term 1, 170.19 of term 2, 212.50 of term 3,180.77 of term 4 and 150.00 of term 5 131.00 of term 1. 177.00 of term 2, 221.00 of term 3, 188.00 of term 4 and 156.00 of term 5
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