A pension plan has an obligation to pay NOK 1 0 , 0 0 0 once a
Fantastic news! We've Found the answer you've been seeking!
Question:
A pension plan has an obligation to pay NOK once a year during a year period, beginning
years from now. The interest rates are flat at
a what is the duration of this obligation?
b If the pension fund intends to use a yr and yr zero coupon bonds to immunise this position,
how much should be placed in each bond?
Related Book For
Posted Date: