Question A company must make a payment of $150 in one year, a payment of $460 in two years and a payment of $530 in three years. The only investments available are 1-year zero coupon bonds, 2-year zero coupon bonds and 3-year 9% annual coupon bonds maturing at par. These bonds could be purchased in any quantity. How much of the 1-year bond (in terms of maturity values) should the company buy in order to exactly match the assets and liabilities. Possible Answers 95.65 B 106.24 150 D 416.24 E 486.24