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Consider the following portfolio: Bond Market Value Duration (years)ee W$14 million X*$28 million Y $63 million Z $45 million 14 (a) What is the portfolio's

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Consider the following portfolio:" Bond Market Value Duration (years)ee W$14 million X*$28 million Y $63 million Z $45 million 14 (a) What is the portfolio's duration?4 (b) If interest rates for all maturities change by 50 basis points, what is the approximate percentage change in the value of the portfolio?4 (c) What is the contribution to portfolio duration for each bond

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