Dean Corso, a portfolio manager at Ninth Gate Investments, is making a presentation to a group of

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Dean Corso, a portfolio manager at Ninth Gate Investments, is making a presentation to a group of investors. He states ”If two portfolios have the same modified duration, they have the same interest rate risk. Specifically, for a given change in yields, these two portfolios will respond in the same way.” Do you agree or disagree with this statement?

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Introduction To Fixed Income Analytics

ISBN: 9780470572139

2nd Edition

Authors: Steven V. Mann, Frank J. Fabozzi

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