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Alexa notices that when the level of interest rates go up by 20 basis points, the value of her fixed income portfolio goes down by

Alexa notices that when the level of interest rates go up by 20 basis points, the value of her fixed income portfolio goes down by 4%. What does this imply about the duration of her fixed income portfolio?

If the value of Alexas portfolio is $500,000, what is the DVBP of her portfolio?

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