Task 2 three bonds in equal par amounts of You are the manager of a portfolio consisting of $1 mion each. The firs table below shows the market valuc of the bonds and their durations. (The price includes accrued interest.) The second table contains the market valuc of the bonds and their durations one vear later Initial Values urity Price Market Value Duration Dollar Duration Bond #1 Bond #2 Bond #3 $106.110 98.200 109.140 $1,060,531 981,686 1,090,797 5.909 3.691 5.843 Portfolio Dollar Duration = After 1 ycar PriceMarket Value Duratio Dollar Duration Security Bond $104.240 $1,042,043 Bond 2 Bond 3 106.93 1,068,319 980,461 2.817 5.125 98.084 Portfolio Dollar Duration maintain the portfolio's dollar duration at the initial As manager, you would like to level by rebalancing the portfolio. You choose to rebalance using the existing security proportions of one-third cach. Calculate A. The dollar durations of each of the bonds. ncing ratio necessary for the rebalancing. C. The cash required for the rebalancing