A portfolio consists of three bonds as follows. amount deposited bond time Bond X 5.000 $ 8.6
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Question:
A portfolio consists of three bonds as follows.
amount deposited | bond time | |
Bond X | 5.000 $ | 8.6 years |
Bond Y | 4.000 $ | 4.2 years |
garden Z | $ 1,000 | 11.4 years |
Calculate What is the term of the bond portfolio?
Related Book For
Managerial Accounting
ISBN: b010ikdqzm
10th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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