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Suppose in the 'tuition for grad school' question, the tuition obligations have a Macaulay duration of 5.92 in years, and that you wish to immunize

Suppose in the 'tuition for grad school' question, the tuition obligations have a Macaulay duration of 5.92 in years, and that you wish to immunize the tuition payments by buying a single issue of a zero coupon bond. What maturity zero coupon bond should you buy? Assume annual compounding. Round your answer to 2 decimal places.

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