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A bank has eight-year zero-coupon bonds with a total face value of $6 million. The current market vield on the bonds is 10 percent. The

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A bank has eight-year zero-coupon bonds with a total face value of $6 million. The current market vield on the bonds is 10 percent. The adverse change in the market yield (daily) is estimated to be 14 basis point. What is the daily earnings at risk (DEAR) of this bond portfolio? A. -$54,902 OB. -561,091 OC. $72,453 D. $80,834 OE. $88,427

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