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22 The insurance company collected $6,000,000 in insurance premiums against these liabilities. The insurance company is considering to invest in 6-year zero coupons bond and

22 The insurance company collected $6,000,000 in insurance premiums against these liabilities. The insurance company is considering to invest in 6-year zero coupons bond and a 10 years zero coupon bond where each has a $1000 face value. Determine the following in the yellow highlighted cells.

Bond/Maturity Interest rate # of bonds to buy Current Bond Value Total $ investment

6 0.06

10 0.074

Total Investment

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22	The insurance company collected $6,000,000 in insurance premiums against these liabilities. The insurance company is considering to invest in 6-year zero coupons bond and a 10 years zero coupon bond where each has a $1000 face value. Determine the following in the yellow highlighted cells.
		Bond/Maturity	Interest rate	# of bonds to buy	Current Bond Value	Total $ investment
		6	0.06
		10	0.074
					Total Investment