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?
a pension fund is obligated to pay out $100,000 per year in perpetuity. when the relevant interest rate is 10%, what sho
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am