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4. Calculate the yield to maturity and the duration of the following portfolio of bonds. a. one-year T-bill yielding 4.65%, b. three-year AAA-rated bond paying

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4. Calculate the yield to maturity and the duration of the following portfolio of bonds. a. one-year T-bill yielding 4.65%, b. three-year AAA-rated bond paying semiannual coupons at 5% with a yield of 5.25%, c. two-year BBB-rate bonds paying semiannual coupons at 5.5% with a yield of 6.75%

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