A bond portfolio manager holds three bonds in her portfolio. Bond 1 has a market value of $25,000,000 and a duration of 2, Bond 2
A bond portfolio manager holds three bonds in her portfolio. Bond 1 has a market value of $25,000,000 and a duration of 2, Bond 2 has a market value of $13,300,000 and a duration of 8.5, bond 3 has a market value of $32,343,000 and a duration of 13. What is the duration of the portfolio?
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Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
