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You have a cash obligation of $145150 to be made at the end of year 6. You would like to ensure that you can meet

You have a cash obligation of $145150 to be made at the end of year 6. You would like to ensure that you can meet your cash obligation at the end of year 6 by purchasing bonds. Below are the available bonds in the market: Interest Rate (p.a.) Coupon Rate Time to maturity Face Value Bond A 7% 7.5% 6 years 1000 Bond B 7% 10.5% 8 years 1000 Bond C 7% 0% 8 years 1000 Which bond would you choose to immunize your portfolio? Explain

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