Question: Answer these questions using Microsoft excel. 1. ABC Corporation need to pay 10 annual claims on a policy at the end of each year. The

Answer these questions using Microsoft excel. 1. ABC Corporation need to pay 10 annual claims on a policy at the end of each year. The first payment is $350000 and each payment thereafter was adjusted for inflation with annual 2% (compounded). a) The company decide to match their liabilities and assets using absolute matching strategy with zero coupon bond. Determine the total cost for the company to implement this strategy. Hint -Calculate spot rate first. = 0.05 +0.007t - 0.0004t2 for 0
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