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An insurance company must make a payment of $17000 in 4 years. Yields are currently at 7.6%. The company's portfolio manager wishes to fund the

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An insurance company must make a payment of $17000 in 4 years. Yields are currently at 7.6%. The company's portfolio manager wishes to fund the obligation using one year zero-coupon bonds and perpetuities paying annual coupons. What is the weight on the zero-coupon bond in an immunized portfolio? Please give your answer in decimal terms rounded to four decimal places. Your

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