You have 2 years left in grad school. Tuition is $25,199 per year, due at the end of each school year, and the next payment is due a year from today. If you are looking to immunize against future tuition payment using a single issue of a zero coupon bond, then how much should you invest in it? Assume a flat yield curve of 7.3%.

Assume annual compounding. Round your answer to 2 decimal places.