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A financial institution invests in a zero - coupon bond with a maturity ( face ) value of $ 6 5 0 , 0 0
A financial institution invests in a zerocoupon bond with a maturity face value of $ and a maturity of years. The bond is partially funded through a liability with a current market value of $ and has a duration of years. The current market rate is and interest rates are expected to increase by in the future. Which of the following statements is true round your answer to decimals
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