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please help if you know answer Your company owns the following bond portfolio. Please calculate the duration of the portfolio Bond Market Value Duration $11
please help if you know answer
Your company owns the following bond portfolio. Please calculate the duration of the portfolio Bond Market Value Duration $11 million 3 B $14 million 4 $23 million 2. 2.81 O 3.12 O 2.95 O 2.76 A bond that pays interest annually has a 9 percent promised yield and a price of $1,035. Annual interest rates are now projected to fall 50 basis points. The bond's duration is 9 years. What is the predicted new bond price after the interest rate change? $1077.73 $1,054.01 $1,042.33 $1095.99 None of the options presented Step by Step Solution
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