possible answers are 900, 908, 912, 916 , 904

3. The Canadian government anticipates making the following pension payments (in billions): End of Year Payment 2013 150 2014 160 2015 170 On 12/31/2011, the Canadian government purchases zero coupon bonds from the US government to match exactly the pension payments it anticipates making. The cost of the purchase is 436.106 billion. The price of the zero coupon bonds per 1,000 on 12/31/2011 is as follows: Term Price : 972.76 942.60 874.82 841.97 Calculate X