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A pension plan is obligated to make disbursements of $100,000, $200,000, and $1 million at the end of each of the next three years, respectively.

A pension plan is obligated to make disbursements of $100,000, $200,000, and $1 million at the end of each of the next three years, respectively. The company wants to fully fund and immunize this liability by combining a 2-year zero-coupon bond with a perpetuity. The yield to maturity on all bonds is 8%. To fully fund and immunize the liability, ___ must be invested in the zero-coupon bond and ___ must be invested in the perpetuity.

$793,419.45; $264,473.15

$581,840.93; $476,051.67

$976,495.52; $323,504.48

$996,915.24; $60,977.36

$1,225,067.47; $74,932.53

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