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Question 20 You examine a pension obligation for your company and would like to immunize it from interest rate movements. This obligation has a duration

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Question 20 You examine a pension obligation for your company and would like to immunize it from interest rate movements. This obligation has a duration of 12.18 years, and if you only used two types of bonds, how much would you allocate to PERPETUITIES if your only other bonds available were 6 year, zero coupon bonds? Interest rates currently yield 0.075 O 0.7099 0.7698 9 pts 0.6446 O 0.7416 O 0.6882

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