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8. The Excel file Portfolio Bond Weight Calculation Data contains information about three bonds. Coupons are paid annually. Use matrix algebra and this data to
8. The Excel file Portfolio Bond Weight Calculation Data contains information about three bonds. Coupons are paid annually. Use matrix algebra and this data to construct a portfolio consisting of Bond 1, Bond 2, and Bond 3 that has a duration of 9 years, subject to the condition that the proportion invested in Bond 2 is 22% larger than the proportion invested in Bond 1. \begin{tabular}{|c|} \hline 1 \\ \hline 2 \\ \hline 3 \\ \hline 4 \\ \hline 5 \\ \hline 6 \\ \hline 7 \\ \hline 8 \\ \hline 9 \\ \hline 10 \\ \hline 11 \\ \hline \end{tabular}
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