You are the new portfolio manager for a large company's pension plan. The pension plan's assets (chosen by your predecessor) are worth $23.7B, of which $5.3B is invested in 3-year zero-coupon bonds and $18.4B is invested in 4-year zero-coupon bonds. What is the overall duration of the fund's assets

How do primary and secondary industries differ

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance