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Business, 13.03.2020 03:34 Lauraemia43
My pension plan will pay me $17,500 once a year for a 10-year period. The first payment will come in exactly five years. The pension fund wants to immunize its position. a. What is the duration of its obligation to me? The current interest rate is 12.5% per year. (Do not round intermediate calculations. Round your answer to 4 decimal places.)
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My pension plan will pay me $17,500 once a year for a 10-year period. The first payment will come in...
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