Your investment horizon is equal to he duration of the bond Show that your investment would be

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Your investment horizon is equal to he duration of the bond Show that your investment would be immunized against risk even though the yield to maturity on the bond falls by 50 basis points immediately after you purchase the bond

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Posted Date: Jan 01, 2021 08:51 AM

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Your investment horizon is equal to he duration of the bond Show that your investment would be

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Comparing the Macaulay Duration and the Modified Duration Macaulay Duration vs Modified Duration An Overview The Macaulay duration and the modified duration are chiefly used to calculate the duration ... View the full answer

Investments Analysis and Management

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