For i = 7% per annum, an investment is known to have a price of $123 and

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For i = 7% per annum, an investment is known to have a price of $123 and an effective duration of 7.4. Estimate the new price if the required return changes to

a. i = 6.5% per annum,

b. i = 7.3% per annum.

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Introduction To Actuarial And Financial Mathematical Methods

ISBN: 9780128001561

1st Edition

Authors: Stephen Garrett

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Question Posted: Dec 04, 2023 08:09 AM

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For i = 7% per annum, an investment is known to have a price of $123 and

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We apply Eq 46 in both cases a i 65 per ...View the full answer

Introduction To Actuarial And Financial Mathematical Methods

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