3) An insurance company accepts an obligation to pay $10,000 at the end of each year for 2 years. The company buys a combination of the following two assets at a total cost of $X in order to exactly match its obligation: (i) 1-year 4% annual coupon bond with 5% yield rate (C=F=$10,000) (ii) 2-year 6% annual coupon bond with 5% yield rate (C=F=$10,000) (2 Calculate X. points) 4) A payment of $10,000 is due at time 10. This obligation will be met by two payments of A at time '10-a' and $6,000 at time 12. The effective rate of interest is 10% and a full immunization strategy is odontod