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begin{tabular}{|r|r|r|r|r|r|} hline & multicolumn{1}{|c|}{ Bond 1 } & multicolumn{1}{c|}{ Bond 2 } & multicolumn{1}{c|}{ Bond 3 } & multicolumn{1}{|c|}{ Bond 4 } & Rate

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\begin{tabular}{|r|r|r|r|r|r|} \hline & \multicolumn{1}{|c|}{ Bond 1 } & \multicolumn{1}{c|}{ Bond 2 } & \multicolumn{1}{c|}{ Bond 3 } & \multicolumn{1}{|c|}{ Bond 4 } & Rate \\ \hline Bid Price & 980 & 960 & 970 & 940 & 5 \\ \hline Ask Price & 990 & 972 & 985 & 954 \\ \hline & \multicolumn{4}{|c|}{ Payments } \\ \hline & Bond 1 & Bond 2 & Bond 3 & Bond 4 \\ \hline Year 1 & $100 & $70 & $80 & $60 \\ \hline Year 2 & $110 & $80 & $90 & $50 \\ \hline Year 3 & $1,100 & $1,090 & $1,020 & $1,110 \\ \hline \end{tabular} You are holding hold a bond portfolio of four bonds, 100 units of each of them. You are considering rebalancing it. The bid and ask prices of the bonds are given in the table below. The cash payments of the bonds in the next three years are as follows. Cash on hand earns 5% interest. You want to re-balance the portfolio in such a way that at any time in the future your cash position will be at least as good as the position that would result from your current portfolio. How much money you can take out today under this condition

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