108. An analyst gathered the following information about a portfolio comprised of
three bonds:
Bond Price ($) Par Amount
Duration
Owned
A 102.000 $7 million 1.89
B 94.356 $5 million 7.70
C 88.688 $3 million 11.55
Assuming there is no accrued interest, then the portfolio duration is closest to:
A. 5.55 years.
B. 5.76 years.
C. 6.82 years.
Bạn đang xem 108. - CFA MOCK EXAM LEVEL I MOCK EXAM AFTERNOON 2009
