a pension fund is obligated to pay out $100,000 per year in perpetuity. when the relevant interest rate is 10%, what sho

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answerhappygod
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a pension fund is obligated to pay out $100,000 per year in perpetuity. when the relevant interest rate is 10%, what sho

Post by answerhappygod »

a pension fund is obligated to pay out $100,000 per year in
perpetuity. when the relevant interest rate is 10%, what should be
the maturity and face value of the zero coupon bond the fund
manager purchases to immunize its obligation?
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