Question
Calculate the duration of a portfolio consisting of 20 of band A, and 1000 of bond B, which have the attributes, listed in the table
Calculate the duration of a portfolio consisting of 20 of band A, and 1000 of bond B, which have the attributes, listed in the table below.
| Bond | Coupon rate | Face value | Price | Maturity | Duration |
| A | Nil | $100,000 | $92,592.60 | 1 year | 1 year |
| B | 6%(Annual) | $1000 | $907.54 | 6 years | 5.17 years |
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
