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11. Suppose an investor holds a portfolio of three bonds, with the dollar allocations and security characteristics shown as follows: Determine the duration for the
11. Suppose an investor holds a portfolio of three bonds, with the dollar allocations and security characteristics shown as follows: Determine the duration for the three bonds assuming the coupon are paid annually and subsequently calculate the duration of the entire portfolio. For the portfolio, you can use the weighted average of the three durations in the portfolio
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