A pension plan is obligated to make disbursements of 20
A pension plan is obligated to make disbursements of $2.0 million, $3.0 million, and $2.0 million at the end of each of the next three years, respectively. Find the duration of the plan's obligations if the interest rate is 11% annually.
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1 how much to allocate between stocks and bonds is an asset allocation question true or false2 relative value trade is
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