Question: The Excel file Portfolio Bond Weight Calculation Data contains information about three bonds. Coupons are paid annually. Use matrix algebra and this data to construct

The Excel file Portfolio Bond Weight Calculation Data contains information about three bonds. Coupons are paid annually. Use matrix algebra and this data to construct a portfolio consisting of Bond 1, Bond 2, and Bond 3 that has a duration of 9 years, subject to the condition that the proportion invested in Bond 2 is 22% larger than the proportion invested in Bond 1. Show work in Excel please.

data in pictureThe Excel file Portfolio Bond Weight Calculation Data contains information about three

\begin{tabular}{|l|c|c|c|} \hline Yield to maturity (Expected/Current) & 9% & & \\ \hline Number of Years to Future Liability & 9.00 & & \\ \hline Future Liability & $15,000.00 & & \\ \hline & & & \\ \hline & & & \\ \hline & Bond 1 & Bond 2 & Bond 3 \\ \hline Coupon rate & 6.00% & 8.000% & 10.00% \\ \hline Maturity (Years) & 10 & 20 & 25 \\ \hline Face value & 1,000 & 1,000 & 1,000 \\ \hline \end{tabular}

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