Question
A pension fund manager is holding a 10-year 10% coupon bond in the funds portfolio, and the interest rate is currently 10%. What loss would
A pension fund manager is holding a 10-year 10% coupon bond in the fund’s portfolio, and the interest rate is currently 10%. What loss would the fund be exposed to if the interest rate rises to 11% tomorrow?
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Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
2nd Edition
0078020557, 978-0078020551
