Business, 09.12.2021 17:10, yadi64

You will need to pay an obligation of $10,000 per year for the next two years. If the bond yield is 8%, and you buy the appropriate face value and duration zero-coupon bonds to immunize your obligation, what is the net effect on your position if yields subsequently rise to 9%

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You will need to pay an obligation of $10,000 per year for the next two years. If the bond yield is...