Question: Incorrect 0 7 1 pts Question 11 You will be paying $10,000 a year in tuition expenses at the end of the next two years.
Incorrect 0 7 1 pts Question 11 You will be paying $10,000 a year in tuition expenses at the end of the next two years. Bonds currently yield 8%. What is the duration of a zero-coupon bond that would immunize your obligation ? (Do not round intermediate calculations. Round the "Duration" to 4 decimal places.) 17.590.92 Question 12 1 / 1 pts Suppose you buy a zero-coupon bond with value and duration equal to your obligation. Now suppose that rates immediately
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