Assume the market value of a position is $400,000 and that its modified duration is 3 28 years Further assume that the potential adverse move in yield is 12 7 basis points Rounded to two decimal points, the daily earnings at risk for this position is $ Assume the market value of a position is $400...

To calculate the daily earnings at risk for the given position we can use th ...

Assume the market value of a position is $400,000 and that its modified duration is 3.28...

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Financial Institutions Management A Risk Management Approach

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Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Assume the market value of a position is $400,000 and that its modified duration is 3.28...

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Financial Institutions Management A Risk Management Approach

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