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Suppose the longest STRIP you could buy in the prior example was a 40-year maturity. What could you do to hedge your pension risk? What

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Suppose the longest STRIP you could buy in the prior example was a 40-year maturity. What could you do to hedge your pension risk? What if you were cash constrained? You could only spend as much as the PV of the liability. What is the best thing you could do now? What is the risk to this strategy? Suppose the longest STRIP you could buy in the prior example was a 40-year maturity. What could you do to hedge your pension risk? What if you were cash constrained? You could only spend as much as the PV of the liability. What is the best thing you could do now? What is the risk to this strategy

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