Question
Duration 3: Consider Bond A: has a duration of 5, Bond B has a duration of 10 and Bond C has a duration of 15.
Duration 3: Consider Bond A: has a duration of 5, Bond B has a duration of 10 and Bond C has a duration of 15. Your $5M bond portfolio is comprised of $2M of Bond A, $2M of Bond B and the rest is Bond C. If rates go from 9% to 7% the value of your portfolio would change by ____% (Round to the nearest tenth X.X%).
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
8th Global Edition
1292155035, 9781292155036
