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12. A portfolio consists of 4 bonds (A, B, C, D) with equal weights. a) What are the YTMs of the individual bonds? In other

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12. A portfolio consists of 4 bonds (A, B, C, D) with equal weights. a) What are the YTMs of the individual bonds? In other words, calculate the YTMs of bond A, B, C, D, respectively. Assume that coupons are pald sembannually. b) What is the YTM of this portfolio? Assume that all the bonds are purchased in year 0

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