Previous Page Next Page Page 10 of 30 Question 10 (1 point) A pension fund has an average duration of its liabilities equal to 10 years. The fund is looking at 7-year maturity zero-coupon bonds and 5% yield perpetuities to immunize its interest rate risk. How much of its portfolio should it allocate to the zero-coupon bonds to immunize if there are no other assets funding the plan? 48.2% 68.9% 78.6% 54.3%