You will be paying $8,000 a year in tuition expen a. What is the present value and duration of your obligation? ution expenses at the end of the next 2 years Bond currently yes 137 b. Suppose you wish to fund your obligatio each of these bonds (in market value) will you to rund your obligation using 1-year zero-Counan bonds and perpetuity bonds. How muchot bonds (in market value) will you want to hold to both fully fund and immunize your obligation