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The Excel file Project 3 Question 2 Data contains information about three bonds. a. If you have a future liability of $1999 due in 12

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The Excel file Project 3 Question 2 Data contains information about three bonds. a. If you have a future liability of $1999 due in 12 years, what amount would you need to invest in order to meet this future liability if the future yield to maturity is assumed to be 8% per year? b. Using Matrix Algebra find a combination of Bonds 1 and 3 with a duration of 12. c. Using Matrix Algebra find a combination of Bonds 1 and 2 with a duration of 9. d. Using Matrix Algebra find a combination of Bonds 1, 2 and 3 with a duration of 12, subject to the condition that the weight (proportion) for Bond 3 is 50% larger than the weight (Proportion) for Bond 2. The Excel file Project 3 Question 2 Data contains information about three bonds. a. If you have a future liability of $1999 due in 12 years, what amount would you need to invest in order to meet this future liability if the future yield to maturity is assumed to be 8% per year? b. Using Matrix Algebra find a combination of Bonds 1 and 3 with a duration of 12. c. Using Matrix Algebra find a combination of Bonds 1 and 2 with a duration of 9. d. Using Matrix Algebra find a combination of Bonds 1, 2 and 3 with a duration of 12, subject to the condition that the weight (proportion) for Bond 3 is 50% larger than the weight (Proportion) for Bond 2

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