A trust has liabilities of 2 million due in 5 years' time and 1 million due in 10 years' time. In order to immunize its financial position against a small change in the rate of interest, which currently stands at 5% per annum effective, it decides to purchase appropriate holdings in two discount zerocoupon bonds, such that the holding in one bond will pay X million in 3 years' time and that in the other bond will pay Y million in 8 years' time. Values of X and Y respectively are Select one a. 100 and 101 b. 2.19 and 0.8 c. 0.8 and 2.19 d. 101 and 100