Financial institutions hold a portfolio comprising the following securities: 10 million bond with duration 4 years 20

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Financial institutions hold a portfolio comprising the following securities:
10 million bond with duration 4 years

20 million securities with duration 6 years

40 million bonds with duration 5 years

What is the duration of the total portfolio?

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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Question Posted: Oct 16, 2023 07:24 AM

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Financial institutions hold a portfolio comprising the following securities: 10 million bond with duration 4 years 20

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To find the duration of the total portfolio you can use a weighted average formula ...View the full answer

Financial Markets And Institutions

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