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A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 5.2% per year over the next 3 years. The

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A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 5.2% per year over the next 3 years. The portfolio is currently worth $10 million. One year later interest rates are at 6.2%. What is the portfolio value trigger point at this time that would require the manager to immunize the portfolio? Multiple Choice $9.720,166 O $10,322,816 $10,520,000 $11,642,526

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