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Bond A has a duration of 4.25 and quoted price of 102.055 and bond B has a duration of 7.60 and a quoted price of
- Bond A has a duration of 4.25 and quoted price of 102.055 and bond B has a duration of 7.60 and a quoted price of 104.750. A $450,000 portfolio of these two bonds has a duration of 5.75. How much (in $) of this $450,000 portfolio is invested in bond B?
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To determine how much of the 450000 portfolio is invested in bond B we can use the concep...
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
