past essay - Fixed Income - 6A

CFA Level III
#1

hi All,

is there someone can help shed the light on…

how to get dollar value bond USD 15,268,200 on guideline answer?

Thanks

#2

PV of liability-PV of asset (bond portfolio) =PV of chosen bond [X]

69,640,000-54,371,800=15,268,200

#3

PV of bond portfolio = market value of bond portfolio = market value of Bond A + market value of Bond B = 24,556,800 + 29,815,000