Business
Business, 06.08.2019 02:10, jess2788

Bonds a, b, and c are in a portfolio currently valued at $1,000,000. $300,000 are invested in bond a, $300,000 are invested in bond b, and the remainder is invested in bond c. bond a has a duration of 2 years, bond b has a duration of 1.7 years, and bond c has a duration of 2.5 years. what is the duration of the portfolio of bonds?

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Bonds a, b, and c are in a portfolio currently valued at $1,000,000. $300,000 are invested in bond a...

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