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A company must pay liabilities of $ 3 0 0 in one year, $ 5 0 0 in two years and $ 6 0 0

A company must pay liabilities of $300 in one year, $500 in two years and $600 in three years. The only investments available are :
1- year zero coupon bonds
2- year 5% annual coupon bonds maturing at par
3- year 7% annual coupon bonds maturing at par
The company purchases a combination of these bonds to exactly match its liablities. How much should the company invest in the 1-year bond given an annual effective rate of interest of 3%.

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