PLEASE HELP WITH PART "B" OF THE QUESTION. THANK YOU!

Return to question An insurance company must make payments to a customer of $14 million in one year and $10 million in six years. The yield curve is flat at 12%. a. If it wants to fully fund and immunize its obligation to this customer with a single issue of a zero-coupon bond, what maturity bond must it purchase? (Do not round intermediate calculations. Round your answer to 4 decimal places.) points Answer is complete and correct. Maturity of zero coupon bond 2.4421 years b. What must be the face value and market value of that zero-coupon bond? (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places.) Answer is complete but not entirely correct. Face value Market value $ $ 17.56 X million 23.17 million Return to question An insurance company must make payments to a customer of $14 million in one year and $10 million in six years. The yield curve is flat at 12%. a. If it wants to fully fund and immunize its obligation to this customer with a single issue of a zero-coupon bond, what maturity bond must it purchase? (Do not round intermediate calculations. Round your answer to 4 decimal places.) points Answer is complete and correct. Maturity of zero coupon bond 2.4421 years b. What must be the face value and market value of that zero-coupon bond? (Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places.) Answer is complete but not entirely correct. Face value Market value $ $ 17.56 X million 23.17 million