1.An insurance company must make a payment of $5574.7109278125 in 4 years. The market interest rate is 5.5 percent. The company’s portfolio manager wishes to fund the obligation using 2-year zero-coupon bonds and perpetuities paying annual coupons. How can the manager immunize the obligation? How much money should be invested in 2-year bonds?

Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?

Only the united states has embassies. true or false

Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price