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Bond Immunization: A bond fund has a duration of its liabilities equal to 17 years....

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Bond Immunization: A bond fund has a duration of its liabilities equal to 17 years. This bond fund invests in zero coupon bonds at 4-year maturity and perpetuities at 4% yleld. What percentage of the bond portfolio should be allocated to the zero coupon bonds? Multiple Choice 23.539 26,00% 59.09% 40.91%

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