From the previous question, rates do indeed fall as expected, and the T-bond contract is priced at
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DUR gap DUR a LA DUR l 5 160 180 2 322 Change in equity 322 00075109 180000...View the full answer
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Related Book For 
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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