Question
Bank has invested 250 mln EUR into government bonds with duration 12.5 years and 598.8 mln EUR into government bond with duration 6.5 years. What
Bank has invested 250 mln EUR into government bonds with duration 12.5 years and 598.8 mln EUR into government bond with duration 6.5 years. What is the overall duration of the portfolio? State the answer as a number with 2 decimals (for example, 3.12).
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
