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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

Posted: Thu May 19, 2022 7:09 am
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?