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maturity of five years and a perpetuity, each currently yielding 5 . 4 % . a . What weight of each bond will you hold

maturity of five years and a perpetuity, each currently yielding 5.4%.
a. What weight of each bond will you hold to immunize your portfolio? (Round your answers to 2 declmal pleces.)
b. How will these weights change next year if target duration is now nine years? (Round your answers to 2 declmol places.)
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