Question: please show all work. thanks so much. You will be paying $15,000 in tuition expenses at the ond of the noxt three yoars. Bonds currently

please show all work. thanks so much. please show all work. thanks so much. You will be paying $15,000

You will be paying $15,000 in tuition expenses at the ond of the noxt three yoars. Bonds currently yleld 6%. What is the present value and duration of your obligation? What maturity zero-coupon bond would immunize your obligation? Show all your work and explain

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