Suppose Eggberts Egg Company has to pay for a new chocolate factory 10 years from now. The cost of the factory is 1 million dollars and it wishes to invest that money now. Suppose no zero-coupon bonds of that maturity are available. Suppose there are 3 corporate bonds (FV=100) to choose from: Coupon Maturity Price Yield 1 6% 30 69.04 9% 2 11% 10 113.01 9% 3 9% 20 100.00 9% Duration of each Bond (See Spreadsheet): D1 = 11.44 D2 = 6.54 D3 = 9.61. Calculate how many over bonds you will need to buy of bond 1 and bond 3 and what is the value should be invested into bond 1 and bond 3? Try to do same kind of problem solving for bond 1 and bond 3 using the same notion, to know how much to invest in bond 1and how much in bond 3? If you want to insure that including bond1 and 3 into a portfolio is going to result in the immunized portfolio to meet the obligations of one million after 10 years?