Question: 8 points Save Answer My pension plan will pay me $ 1 5 , 0 0 0 at the end of each year for the
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My pension plan will pay me $ at the end of each year for" the next years. The current interest rate is per year. The pension fund wants to fully immunize its position by purchasing zerocoupon bond. What should be the maturity of the zerocoupon bond? How many zerocoupon bonds the pension fund should purchase if the par value for one bond is $
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