Question
Franklin a well know economist is wanting to retire. He wants to have 1 million dollars in 10 years. Create a portfolio of 10 bonds
Franklin a well know economist is wanting to retire. He wants to have 1 million dollars in 10 years. Create a portfolio of 10 bonds from different issuers that that will give him 1 million in 10 years. The issues must be investment grade in order to be included in the portfolio. or better. Create and hand in the portfolio in Excel and answer the following questions. There is a submission box in exams for the portfolios. How much money must he put up or what is his cost? What is the YTM of his portfolio? What is the Modified Duration of his portfolio?
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