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revAdmin (Created page with "A company is required to pay 50, 000(1.075)y in y years. The company invests 30,000 in a 28- year zero-coupon bond and 20,000 in a 35-year zero-coupon bond to Redington immunize its position against small changes in interest rates, based on an annual effective interest rate of 7.5%. Calculate y. <ul class="mw-excansopts"><li>30.80</li><li>31.32</li><li>31.50</li><li>31.68</li><li>32.20</li></ul> {{soacopyright | 2023 }}")Nov 20'23 at 19:24+426