An investment manager holds a 7-year US Treasury bond with a face value of USD 60 million. They intend to create a barbell portfolio that matches the cost and duration of the 7-year bond by combining 2-year and 15-year US Treasury bonds. The characteristics of the three US Treasury bonds are outlined in the table below: | Maturity | Price | Duration | |----------|---------|----------| | 2 years | 100.972 | 1.938 | | 7 years | 106.443 | 6.272 | | 15 years | 122.175 | 11.687 | Determine the appropriate set of weights for the 2-year and 15-year bonds that the manager should use to construct the barbell portfolio. | Financial Risk Manager Part 1 Quiz - LeetQuiz