Business, 04.04.2020 11:45 taufajane3887
An insurance company must make payments to a customer of $8 million in one year and $4 million in four years. The yield curve is flat at 9%. a. If it wants to fully fund and immunize its obligation to this customer with a single issue of a zero-coupon bond, what maturity bond must it purchase?
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An insurance company must make payments to a customer of $8 million in one year and $4 million in fo...
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