Answer:
40.91%
Explanation:
Duration perpetuity = 1.04/4%
Duration perpetuity = 1.04/0.04
Duration perpetuity = 26 years
Now, 17 = (Wz)*4 + (1 - Wz)*26
17 = 4Wz + 26 - 26Wz
26Wz - 4Wz = 26 - 17
22Wz = 9
Wz = 9/22
Wz = 0.409091
Wz = 40.91%
So, 40.91% of its portfolio should be allocated to the zero-coupon bonds to immunize, if there are no other assets funding the plan.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Below we take a look at the five countries most threatened by severe water shortages that do not have the money to purchase it. Libya's troubles are twofold in that it is undergoing a period of political upheaval while also suffering from lack of water and other resources.
Answer:
The correct option here is B)
Explanation:
The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.