A portfolio consists of three bonds as follows. What is the duration of the bond portfolio?
A) 7.12 years
B) 8.07 years
C) 8.69 years
D) 11.4 years
Answer: A
Business
A) 7.12 years
B) 8.07 years
C) 8.69 years
D) 11.4 years
Answer: A