**An asset or portfolio is immunized when it has the same payoff at some specific...

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Finance

**An asset or portfolio is immunized when it has the same payoff at some specific future date
regardless of what interest rate structure prevails.
A Company is trying to immunize a single future liability of $1,850.93
The obligation has an Investment Horizon of 8
The current YTM is 8.00%
If all things held constant, Calculate the PV of this future obligation =

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