Question
Consider two portfolios. The first is composed as follows: a) Bond 1: F = 50 = C, n = 2, r = 5% = i.
Consider two portfolios. The first is composed as follows: a) Bond 1: F = 50 = C, n = 2, r = 5% = i. b) Bond 2: F = 50 = C, n = 60, r = 15% = i. The second portfolio contains a single bond with the following characteristics: a) F = 100 = C, n = 6, r = 10% = i. Find the modified duration of each portfolio.
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Principles Of Commercial Real Estate Finance
Authors: Gail Ramshaw, Mortgage Bank
1st Edition
0793157099, 9780793157099
