6ue to a series of unfortunate events, the investor in Exercise 2 just found out that he must raisc $50 million. The invcstor dccides to short the long-term bonds in cach portfolio to raisc the $50 mlion. In othcr words, for portfolio A the investor would spend the same on all securities except for the 7-year coupon bonds (paying 2.5% semiannually) from which the investor will short enough to get to $50 million. For portfolio B the nvestor would spend the same on all other securities except for the Tycar coupon bonds (paying 10% semiannually) from which the investor will short cnough to gct to $50 million. (a) How many bonds of each kind does the investor have to short? (b) What is the new dollar duration of each portfolio? (c) Does the conclusion arrived at in Exercise 2 stand? 6ue to a series of unfortunate events, the investor in Exercise 2 just found out that he must raisc $50 million. The invcstor dccides to short the long-term bonds in cach portfolio to raisc the $50 mlion. In othcr words, for portfolio A the investor would spend the same on all securities except for the 7-year coupon bonds (paying 2.5% semiannually) from which the investor will short enough to get to $50 million. For portfolio B the nvestor would spend the same on all other securities except for the Tycar coupon bonds (paying 10% semiannually) from which the investor will short cnough to gct to $50 million. (a) How many bonds of each kind does the investor have to short? (b) What is the new dollar duration of each portfolio? (c) Does the conclusion arrived at in Exercise 2 stand