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1. Why does duration model overpredict the fall in the bond's price for large interest rate increases and underpredict the increase in the bond's price
1. Why does duration model overpredict the fall in the bond's price for large interest rate increases and underpredict the increase in the bond's price for large interest rate decreases? 2. Explain ho...
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
