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Duration approximation ? The average duration of the securities is about 2.74 years for a portfolio with leverage ratio of 2.7 ? The portfolio size
Duration approximation ? The average duration of the securities is about 2.74 years for a portfolio with leverage ratio of 2.7 ? The portfolio size is $20.25 billion with capital of $7.5 billion ?...
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
