Question
A bond portfolio is currently worth$500,000.It has a duration of 12.5 years. Next month,the interest rate increases by 0.1%, Estimate the new portfolio value.(margin for
A bond portfolio is currently worth$500,000.It has a duration of 12.5 years. Next month,the interest rate increases by 0.1%, Estimate the new portfolio value.(margin for error:+/-1,000)
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
