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Use the following discount factors when needed.
-Calculate the duration of the following portfolio:
i. 5 units of a 2-year ?xed rate bond paying 6% quarterly.
ii. 2 units of a 1.75-year ?oating rate bond paying ?oat + 80 bps semi- annually. You know that the reference rate was 6.5% three months ago.
iii. 6 units of a 1-year zero coupon bond.
iv. 5 units of a 1.5-year ?oating rate bond with no spread paid semian- nually.
Control
The power to influence or direct people's behavior or the course of events.
Transactive Memory
A shared system for encoding, storing, and retrieving information within a close relationship or group.
Polarization
The division of attitudes or beliefs into two sharply contrasting groups or sets of opinions or beliefs.
Power
One person’s control over another person, including what happens to that person.
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