Question: QUESTION 11 8 points Save Answer My pension plan will pay me $15,000 at the end of each year for the next 2 years. The

 QUESTION 11 8 points Save Answer My pension plan will pay

QUESTION 11 8 points Save Answer My pension plan will pay me $15,000 at the end of each year for the next 2 years. The current interest rate is 10% per year. The pension fund wants to fully immunize its position by purchasing zero-coupon bond. What should be the maturity of the zero-coupon bond? How many zero-coupon bonds the pension fund should purchase if the par value for one bond is $1000? (8 points) For the toolba, presa ALT.F10 PC or ALT.FN-F10 (Mac)

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