Chet we 6 10 Pension funds points to recipients if afirmomis in bis indicely, the pension oblin will remol perpetuty Suppose therefore that you are managing a pension fund with obligations to make perpetual payments or 52 millone! year to beneficiant. The yield to mounty on all bonds is 16% Required: the duration of your maturity bonds with coupon rutes aftald annually in four years and the duration of 20 yitor maturity bonds with content of Gold anal is eight years, how much of each of these coupon bands in manat value will you want to hold to both tuby fund and immunce your obligation (Do not found intermediate calculations. Enter your answers in millions founded to 5 decimal places) HOT Stone 20yond b. What we be the parave of your hosting the 20 year coupon bond? Enter your answer in dollars not in min. Do not round Intermediate calculations. Round your answer to the nearest dollar amount)