An investor has a portfolio that contains a fourth-year, Financial Management

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An investor has a portfolio that contains a fourth-year

An investor has a portfolio that contains a fourth-year bond of 3000 value, and has a modified duration of 3.6, also has another 5-year bond with a value of 6000, and has a modified "X" duration. And finally another bonus of 7000, to six years, with a modified duration of 5.8. If the modified duration of the portfolio is 5, CALCULATE "X".

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Financial Management: An investor has a portfolio that contains a fourth-year

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