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What is the dollar duration of the following portfolio: i. Long a 1-year xed coupon bond paying 4% quarterly. ii. Long a 1.75-year oating rate

What is the dollar duration of the following portfolio: i. Long a 1-year xed coupon bond paying 4% quarterly. ii. Long a 1.75-year oating rate bond paying oat plus 80 bps semiannually. You know that the reference rate was set at 6% six months ago. iii. Short a 2-year zero coupon bond. Ans. The dollar duration of the portfolio is -51.8169. please show me the process.

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