Question
A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 5.5% per year over the next 3 years. The
| A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 5.5% per year over the next 3 years. The portfolio is currently worth $10 million. One year later interest rates are at 6.5%. What is the portfolio value trigger point at this time that would require the manager to immunize the portfolio? |
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Supernatural Provision Living In Financial Freedom
Authors: Joan Hunter, Sid Roth
1st Edition
1641238232, 978-1641238236
