You have a cash obligation of $165443 to be made at the end of year 6. You would like to ensure that you can meet your cash obligation at the end of year 6 by purchasing bonds. Below are the available bonds in the market:

Which bond would you choose to immunize your portfolio? Explain.

Interest Rate (p.a.) Coupon Rate Time to maturity Face Value Bond A 5% 8% 6 years 1000 Bond B 5% 12% 8 years 1000 Bond C 5% 0% 8 years 1000