1. Bond A has a duration of 4.25 and quoted price of 102.055 and bond B has a duration of 7.60 and a quoted price of 104.750. A $450,000 portfolio of these two bonds has a duration of 5.75. How much (in $) of this $450,000 portfolio is invested in bond B?

Answer rating: 100% (QA)

To determine how much of the 450000 portfolio is invested in bond B we can use the concep... View the full answer