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Basic Question 1 of 5

A portfolio consists of two bonds:

Bond | Maturity | Coupon | Duration | Proportion in Portfolio
Bond A | 10 years | 8% | 6.7 | 60%
Bond B | 7 years | 5.2% | 3.9 | 40%

Which of the following is the best measure of portfolio duration?

A. 3.71
B. 5.3
C. 5.58

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Craig Baugh

Learning Outcome Statements

calculate portfolio duration and convexity and explain the limitations of these measures

CFA® 2024 Level I Curriculum, Volume 4, Module 12.