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You mariage a pension fund. The fund must pay out $1 billion in exactly 7 years. You are currently invested in coupon paying bonds that

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You mariage a pension fund. The fund must pay out $1 billion in exactly 7 years. You are currently invested in coupon paying bonds that have a maturity of 8 years and a duration of 6 5 years. Which risk(s), if any, are you taking and which if both) are you taking more of? Choose the best answer Select one: Noither price risk nor reinvestment risk Price risk only Both price risk and reinvestment risk, but more price risk Reinvestment risk only Both price risk and reinvestment risk, but more reinvestment risk

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