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Duration 3: Consider Bond A: has a duration of 5 , Bond B has a duration of 10 and Bond C has a duration of

image text in transcribed Duration 3: Consider Bond A: has a duration of 5 , Bond B has a duration of 10 and Bond C has a duration of 15 . Your $5M bond portfolio is comprised of $2M of Bond A,$2M of Bond B and the rest is Bond C. If rates go from 9% to 7% the value of your portfolio would change by % (Round to the nearest tenth X.X\%)

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