Safelife insurance company has 50 million in assets 43, Ask an Expert

Economics

Safelife insurance company has $50 million in assets, $43 million in liabilities, and $7million in shareholders' equity. The duration of liabilities is 4.2. If Safelife wants to immunize its net worth against interest rate risk (i.e. set the duration of equity equal to zero), what should be the average duration of it's assets?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91821623

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