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U have a Libor bond with a Spread duration of 3 years and MV of 10,000,000. U have a corporate bond with SD of 5
U have a Libor bond with a Spread duration of 3 years and MV of 10,000,000. U have a corporate bond with SD of 5 years and MV of 15,000,000. What is the overall SD of the portfolio?
4.2 years
4.5 years
3.8 years
None of the Above
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