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The duration of a portfolio of bonds can be calculated as _______________. A.the coupon weighted average of the durations of the individual bonds in the
The duration of a portfolio of bonds can be calculated as _______________.
A.the coupon weighted average of the durations of the individual bonds in the portfolio | |
B.the yield weighted average of the durations of the individual bonds in the portfolio | |
C.the value weighted average of the durations of the individual bonds in the portfolio | |
D.averages of the durations of the longest- and shortest-duration bonds in the portfolio |
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