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| rev | Admin | (Created page with "An insurance company has a known liability of 1,000,000 that is due 8 years from now. The technique of full immunization is to be employed. Asset I will provide a cash flow of 300,000 exactly 6 years from now. Asset II will provide a cash flow of X, exactly y years from now, where y > 8. The annual effective interest rate is 4%. Calculate X. <ul class="mw-excansopts"><li>697,100</li><li>698,600</li><li>700,000</li><li>701,500</li><li>702,900</li></ul> {{soacopyright |...") | Nov 20'23 at 18:10 | +483 |