An insurance company must make payments to a customer of $10 million in one year and $4 million in five years. The yield curve is flat at 10%. a. If it wants to fully fund and immunize its obligation...

An insurance company must make payments to a customer of $10 million in one year and $4 million in five years. The yield curve is flat at 10%.
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?
b. What must be the face value and market value of that zero-coupon bond?