Describe the two assumptions underlying the duration equation we learn in class. Alexa notices that when the
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Question:
Alexa notices that when the level of interest rates go up by 20 basis points, the value of her fixed income portfolio goes down by 4%.
If the value of Alexa's portfolio is $500,000, what is the DVBP of her portfolio?
Related Book For
Fundamentals of Investment Management
ISBN: 978-0078034626
10th edition
Authors: Geoffrey Hirt, Stanley Block
Posted Date: