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please show step by step. answer has to be 150.72 no excel function either X11 . A company owes 1,000 and 2,000 to be paid
please show step by step. answer has to be 150.72 no excel function either
X11 . A company owes 1,000 and 2,000 to be paid at the end of year one and year four , respectively. The company creates an investment program to match the duration and the present value of the above obligation using an annual effective interest rate of 10%. The investment program produces asset cash flows of X and Y in three years. Calculate X, and determine whether the investment program satisfies the conditions for Redington immunization. 4. 128.45 b.150.72 d. 193.72 . 202.58 6.175.83 Step by Step Solution
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