Weighted Return, Weighted Beta or Weighted Duration:
What is the weighted duration of the following bond portfolio?
-5-year Corp ABC | MV=$21,125 | Duration = 4.7 years
-10-year T-Note | MV = $9,800 | Duration = 9.63 years
-3-year NYC Municipal | MV = $11,500 | Duration = 2.65 years. pg76