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Required: a . How much market value of each of the zeros will be necessary to fund the plan if you desire an immunized position?
Required:
a How much market value of each of the zeros will be necessary to fund the plan if you desire an immunized position? Do not round
intermediate calculations. Enter your answers in millions. Round your answers to decimal place.
Answer is complete and correct.
b What must be the face value of each of the two zeros to fund the plan? Do not round intermediate calculations. Enter your
answers in millions rounded to decimal places.
Answer is not complete.
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