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An insurance product has payment obligation for an investment: 10,000, 5-year maturity, 8% (14,693.28 to...

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An insurance product has payment obligation for an investment: 10,000, 5-year maturity, 8% (14,693.28 to pay) Interest rate increase/decrease by 1% Can the insurance firm fund its obligation with 10,000 par, 8% annual coupon, selling at par, 6-year maturity bond? Use excel or calculator to get duration An insurance product has payment obligation for an investment: 10,000, 5-year maturity, 8% (14,693.28 to pay) Interest rate increase/decrease by 1% Can the insurance firm fund its obligation with 10,000 par, 8% annual coupon, selling at par, 6-year maturity bond? Use excel or calculator to get duration

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