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A company owns $10000 to be paid at times 2, 4, and 6. The company plans the obligation with an investment program that produces cash flows of X at time 1 and Y at time 5. The elective rate of interest is 10%. Determine X and Y. Does this investment program satisfy the conditions for immunization?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92173671

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