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B1. The Bondi Managed Fund plans to invest $ 100 million in an all bond portfolio. Bondi's management team wants their fund to have a

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B1. The Bondi Managed Fund plans to invest $ 100 million in an all bond portfolio. Bondi's management team wants their fund to have a duration 7 years and it will do so by investing in two default-free zero-coupon bonds. The first, issued by Surf City Sydney, matures in exactly 2 years and six months from today. The second, issued by Bondi Beach Boards Ltd, matures 10 years from today. All bonds have a par value of $1,000,000 and are currently priced to yield 5% per annum. How many of each bond should Bondi Super buy? Round to the nearest whole number of bonds. Show your calculations

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