Question
Q10 A financial manager is holding 10% of a portfolio in a bond with a 4-years duration and 90% in a bond with a 9-years
Q10 A financial manager is holding 10% of a portfolio in a bond with a 4-years duration and 90% in a bond with a 9-years duration. What is the duration of the portfolio?
a.
8.5 years
b.
The duration of the portfolio cannot be determined.
c.
0.085%
d.
8.5%
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
