Question: The duration of a portfolio is equal to the value-weighted average of the durations of the bonds in the portfolio. If you have the

The duration of a portfolio is equal to the value-weighted average of the durations of the bonds in the portfolio. If you have the following portfolio of bonds and its mod duration is 5.6 years. Mod Duration 3.3 X=? Bond A B Value in $$ 220,000 440,000 then the mod duration of Bond B is Compute the weight of each bond in the total first. years.

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