Your company owns the following bonds: If general interest rates rise from 8% to 8.5%, what is
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If general interest rates rise from 8% to 8.5%, what is the approximate change in the value of theportfolio?
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Market Value $13 million $18 million $20 million Bond Duration
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Portfolio duration 2 1351 ...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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