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6 ) A company must pay liabilities of 1 0 0 0 at the end of year 1 and X at the end of year

6)A company must pay liabilities of 1000 at the end of year 1 and X at the end of year 2.
The only investments available are:
i) One-year zero-coupon bonds with an annual effective yield of 5%
ii) Two-year bonds with a par value of 1000 and 10% annual coupons, with an annual effective yield of 6%
The company constructed a portfolio that creates an exact cash flow matching strategy for these liabilities. The total purchase price of this portfolio is 1783.76. Calculate the amount invested in the one-year zero-coupon bonds.

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