Question
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?
-$246,111
-$218.180
-$135,474
-$149.021
-$225,789
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Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation
Authors: Navin Kumar
1st Edition
9812876936, 978-9812876935
