Question: Information about Bonds A and B is given below. Construct a portfolio of these two bonds to match the value and duration of a target

Information about Bonds A and B is given below. Construct a portfolio of these two bonds to match the value and duration of a target bond with $100 face value 20-year 8% coupon bond currently trading at par.
Bond A: 1 year zero coupon bond. Price =$94.26 for $100 face value.
Bond B: 30 year zero coupon bond. Price $16.97 for $100 face value.
a) What is the duration of the target bond you are matching?
Information about Bonds A and B is given below.

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