Question A company buys a 7-year zero coupon bond that will mature for $10000. It plans to use this asset to make two payments to a customer, the first payment X in one year and the second payment Y in 8 years. Given an effective annual rate of interest of 3%, determine the amounts X and Y in order to be immunized against small changes in interest rates. Specify whether a full immunization was achieved. Possible Answers A X 1914.11 Y=7928.23 Full immunization was achieved = B X 1376.25 Y=8391.62 Full immunization was not achieved C X 1914.11 Y=7928.23 Full immunization was not achieved = D X=1196.41 Y-8828.57 Full immunization was achieved. E X=1196.41 Y-8828.57 Full immunization was not achieved