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4. A portfolio of bonds consists of owning i each of bonds Bi for i=1,2,,N Show that Conv=i=1NkConvBi 4. A portfolio of bonds Fl consists

4. A portfolio of bonds consists of owning i each of bonds Bi for i=1,2,,N Show that Conv=i=1NkConvBi

4. A portfolio of bonds Fl consists of owning each of bonds Bi for i Show that Convn = kConVBl

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