Help Submit 7 Check my work 10 points You are managing a portfolio of $1.0 million. Your target duration is 17 years, and you can choose from two bonds: a zero-coupon bond with maturity five years, and a perpetuity, each currently yielding 4% a. How much of () the zero-coupon bond and (1) the perpetuity will you hold in your portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.) w 42 851 References Zero-coupon bond Perpetuty bond 57.15 b. How will these fractions change next year if target duration is now sixteen years? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Check my work 7 Zero coupon bond Perpetuity bond 42.85 57.15% 30 point Book Pent b. How will these fractions change next year if target duration is now sixteen years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) References Zero-coupon bond Perpetuity bond 96 Help Submit 7 Check my work 10 points You are managing a portfolio of $1.0 million. Your target duration is 17 years, and you can choose from two bonds: a zero-coupon bond with maturity five years, and a perpetuity, each currently yielding 4% a. How much of () the zero-coupon bond and (1) the perpetuity will you hold in your portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.) w 42 851 References Zero-coupon bond Perpetuty bond 57.15 b. How will these fractions change next year if target duration is now sixteen years? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Check my work 7 Zero coupon bond Perpetuity bond 42.85 57.15% 30 point Book Pent b. How will these fractions change next year if target duration is now sixteen years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) References Zero-coupon bond Perpetuity bond 96