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You examine a pension obligation for your company and would like to immunize it from interest rate movements. This obligation has a duration of 14.19

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You examine a pension obligation for your company and would like to immunize it from interest rate movements. This obligation has a duration of 14.19 years, and if you only used two types of bonds, how much would you allocate to PERPETUITIES if your only other bonds available were 7 year, zero coupon bonds? Interest rates currently yield 0.0550.6332 0.59020.65820.61260.5661

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