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Bond A has duration of 2.6950 years and maturity of 3 years. Bond B has duration of 6.7966 years and maturity of 10 years. Both

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Bond A has duration of 2.6950 years and maturity of 3 years. Bond B has duration of 6.7966 years and maturity of 10 years. Both bonds have a yield to maturity of 9% and are currently priced at par. Your intended holding period is 5 years and you want to form an immunized portfolio of A and B. If you have $3000 to invest, how much should be invested in A? $214286 $1314.09 $43.80 None of the provided answers

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