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Required: A pension plan is obligated to make disbursements of $27 million, $37 million, and $27 million at the end of each of the next

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Required: A pension plan is obligated to make disbursements of $27 million, $37 million, and $27 million at the end of each of the next three years, respectively. Find the duration of the plan's obligations if the interest rate is 10% annually (Do not round intermediate colculations. Round your onswer to 4 decimal places.)

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