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please show calculation/steps a 13. You will be paying $1500 tuition at the end of each of the next three years, and the market interest
please show calculation/steps
a 13. You will be paying $1500 tuition at the end of each of the next three years, and the market interest rate is 10%. What type of zero coupon bond immunize your obligation? A) A zero coupon bond with a face value of $3730.28 and a maturity of 1.94 years B) A zero coupon bond with a face value of $3730.28 and a maturity of 3 years C) A zero coupon bond with a face value of $4487.90 and a maturity of 3 years D) A zero coupon bond with a face value of $4487.90 and a maturity of 1.94 years a a Step by Step Solution
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