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Pleasee help ASAP.. I will upvote later Nina must pay liabilities of $1000 in 2 years, and $1700 in 5 years. She created a portfolio
Pleasee help ASAP.. I will upvote later
Nina must pay liabilities of $1000 in 2 years, and $1700 in 5 years. She created a portfolio assets that pays X at time 1 and Y at time 4 in order to satisfy the first two conditions of the Redington immunization. The annual effective interest rate is 3%. Compute |X-Y|
Possible answers
a. 1521
b. 1694
c. 2193
d. 2411
e. 1809
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