Problem 2: You will be paying $10,000 a year in tuition expenses at the end of the next 2 years Bonds currently yield 8%. What is the present value and duration of your obligation? (20 points. Round "Present value" to 2 decimal places and "Duration" to 4 decimal place.) a. b. What maturity zero-coupon bond would immunize your obligation? (10 points. Round Duration" to 4 decimal places and "Face value" to 2 decimal places.) Suppose you buy a zero-coupon bond with value and duration equal to your obligation Now suppose that rates immediately increase to 9%. What happens to your net position, that is, to the difference between the value of the bond and that of your tuition obligation? (10 points. Round your answer to 2 decimal places.) c