Question
Fund B manages $100 million in the bond market, and the duration of its assets is 10 years. How will its asset value change if
Fund B manages $100 million in the bond market, and the duration of its assets is 10 years. How will its asset value change if the 10-year bond yield increases 50 basis points from 3.5% to 4%?
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Linear Algebra
Authors: Jim Hefferon
1st Edition
978-0982406212, 0982406215
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