can you please do all parts An insurance company must make...
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can you please do all parts 
An insurance company must make payments to a customer of $14 million in one year and $8 million in six years. The yield curve is flat at 12%. Required: 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? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. What must be the face value and market value of that zero-coupon bond? Note: Do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places
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