Question: You May Use Excel BUT PLEASE SHOW ALL WORK! Complete ALL parts for thumbs up. Thanks! The company has an obligation and is paying a

You May Use Excel BUT PLEASE SHOW ALL WORK! Complete ALL parts for thumbs up. Thanks! The company has an obligation and is paying a single payment debt in 12 years. Debt {obligation paid 12 years) $3,000,000.00 Rate Maturity (in years} Price YTM Coupon Freq Bond 1 8% 10 1,000 .075 SemiAnnual Bond 2 6% 20 800 .075 SemiAnnual Bond 3 4% 30 600 .075 SemiAnnual A) Find the Macauly Duration for each bond B) Calculate the PV of Obligation C) Pick 2 bonds and apply the immunization process using the given YTM. Find the quantity of each of the 2 bonds to achieve the obligation
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