Error while creating bosboot device --( 0301-150 bosboot)

0301-150 bosboot: Invalid or no boot device specified!

root@fundoo[/]: ls -l /dev/ipldevice

ls: 0653-341 The file /dev/ipldevice does not exist.

root@fundoo[/]:lslv -m hd5

hd5:N/A

LP    PP1  PV1               PP2  PV2               PP3  PV3

0001  0001 hdisk1            0001 hdisk0

root@fundoo[/]:lsvg -p rootvg

rootvg:

root@fundoo[/]:

root@fundoo[/]:ln /dev/hdisk0 /dev/ipldevice

root@fundoo[/]:bosboot -ad /dev/ipldevice

bosboot: Boot image is 21359 512 byte blocks.