Question: When the partial durations are as in the table below, estimate the effect of a shift in the yield curve where the ten-year rate stays
When the partial durations are as in the table below, estimate the effect of a shift in the yield curve where the ten-year rate stays the same, the one-year rate moves up by 9e, and the movements in intermediate rates are calculated by interpolation between 9e and 0 (so 9e for year 1,8e for year 2, 7e for year 3,...)
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