For i = 7% per annum, an investment is known to have a price of $123 and
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For i = 7% per annum, an investment is known to have a price of $123 and an effective duration of 7.4. Estimate the new price if the required return changes to
a. i = 6.5% per annum,
b. i = 7.3% per annum.
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We apply Eq 46 in both cases a i 65 per ...View the full answer
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Related Book For
Introduction To Actuarial And Financial Mathematical Methods
ISBN: 9780128001561
1st Edition
Authors: Stephen Garrett
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