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A fixed income portfolio is invested equally among three zero-coupon bonds with maturities of 3 years, 5 years, and 10 years. What is the estimate
A fixed income portfolio is invested equally among three zero-coupon bonds with maturities of 3 years, 5 years, and 10 years. What is the estimate Macaulay duration of the portfolio? A. 5.33 B. 7.25 C. Non of the answers D. 6
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