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Business, 21.12.2019 06:31 ummsumaiyah3583

If the duration of 5-year maturity bonds with coupon rates of 12.2% (paid annually) is four years and the duration of 20-year maturity bonds with coupon rates of 5% (paid annually) is 11 years, how much of each of these coupon bonds (in market value) will you want to hold to both fully fund and immunize your obligation?

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If the duration of 5-year maturity bonds with coupon rates of 12.2% (paid annually) is four years an...
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