Question
U have a bond with MV of 10,000,000 and duration of 3 years U short a bond of MV 2,000,000 and duration 4 years what
U have a bond with MV of 10,000,000 and duration of 3 years
U short a bond of MV 2,000,000 and duration 4 years
what is the duration of the entire portfolio?
2.75
3.0
3.2
None of the above
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
