Miras portfolio includes a bond with the following characteristics: Current Value $127,325 Average historical return of 5%
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Mira’s portfolio includes a bond with the following characteristics: Current Value $127,325 Average historical return of 5% Standard deviation 7% Current YTM 5% Duration 8 years What would the new value be if interest rates increased to 6%?
Related Book For
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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