30. portfolio duration is a. the average of the duration of the component bonds in the portfolio b. the sum of the duration of the component bonds in the portfolio c. the weighted duration of the component bonds in the portfolio e. none

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 17GI
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30. portfolio duration is

a. the average of the duration of the component bonds in the portfolio

b. the sum of the duration of the component bonds in the portfolio

c. the weighted duration of the component bonds in the portfolio

e. none 

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