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Find the modified duration of a portfolio whose duration is 5 (annual coupon payments) and the current yield is 6%. Explain what the number means.
Find the modified duration of a portfolio whose duration is 5 (annual coupon payments) and the current yield is 6%. Explain what the number means.
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Life Insurance In Europe Risk Analysis And Market Challenges Financial And Monetary Policy
Authors: Marta Borda, Simon Grima, Ilona Kwiecien
2020th Edition
3030496546, 978-3030496548
