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Question 3 (10 points) Portfolio A consists of a 2-year zero-coupon bond with a face value of $4,000 and a 8-year zero-coupon bond with a

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Question 3 (10 points) Portfolio A consists of a 2-year zero-coupon bond with a face value of $4,000 and a 8-year zero-coupon bond with a face value of $8,000. The current yield on all bonds is 4.25% per annum. (Answer with two decimal digits accuracy) The duration of portfolio A is Your

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