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you manage a $300,000,000 portfolio of Treasury Bonds with a portfolio modified duration of 6.8. Calculate the market value of 5 year 6% coupon bonds

you manage a $300,000,000 portfolio of Treasury Bonds with a portfolio modified duration of 6.8. Calculate the market value of 5 year 6% coupon bonds priced at par you would need to increase the modified duration of this portfolio to 7.5. Assume the yield curve is flat and all spot rates are 6%.

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