A company has a coupon bond as a liability. The bond has a par value of 1000, pays 8% coupons annually, and redeems at par in three years. The company wants to immunize their liability through dedication. The company can purchase from a collection of zero-coupon 100 par value bonds: Term (in years) 1 2 3 Price 96.15 90.36 83.96 Note that the company can purchase fractional shares of any bond. Find the current cost for the company to exactly match their liabilities.