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You will be paying $10,000 a year in tuition expenses at the end of the next two years. Bonds currently yield 89% (LO 11-2) a

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You will be paying $10,000 a year in tuition expenses at the end of the next two years. Bonds currently yield 89% (LO 11-2) a What is the present value and duration of your obligation? & What manurity zero-coupon bond would immunize your obligation? C. What will be its face value of the zero coupon bonds you are using to immunize this obligation? D. What will be the PV of this zero coupon bond if interest rate increased to 9%? E. What will be the PV of this zero coupon bond if interest rate decreased to 7%

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