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

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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