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City bank has six-year zero coupon bonds with a total face value of $20 million. The current market yield on the bonds is 10 percent.
| City bank has six-year zero coupon bonds with a total face value of $20 million. The current market yield on the bonds is 10 percent. What is the daily earnings at risk (DEAR) of this bond portfolio? |
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| -$123,055.32. | ||
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Sitting Pretty On A Fixed Income Personal Finance Secrets For Seniors
Authors: FC&A Medical Publishing
1st Edition
1935574582, 9781935574583
