n NISM Certifications
XXI NISM Series XXI-A
Medium

Ms. Lavina is a bond fund manager and she has decided to include only 'Floaters' in the portfolio. The maturity of the floaters is 15 years, index reset every 3 years. What is the likely duration of this portfolio?

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A) 15 years

  2. B

    B) 18 years

  3. C

    C) 12 years

  4. D) 3 years

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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