Consider the following bonds with their corresponding


Consider the following bonds with their corresponding market values and durations:

Bond                               Market Value                      Duration

A                                          $2 million                             6.4

B                                           $3 million                             8.4

C                                           $5 million                             4.4

A portfolio invested in all three bonds will have a duration equal to:

A) 5.66

B) 6.00

C) 6.4

D) 7.22

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Finance Basics: Consider the following bonds with their corresponding
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