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Miras portfolio includes a bond with the following characteristics: Current Value $127,325 Average historical return 5% Standard deviation 7% Current YTM 5% Duration 8 years
Miras portfolio includes a bond with the following characteristics: Current Value $127,325 Average historical return 5% Standard deviation 7% Current YTM 5% Duration 8 years What would the new value be if interest rates increased to 6%?
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