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Question 1 (1 point) A $100 million bond portfolio has duration D=5. Suppose the interest rate goes up by 1%. What is the predicted portfolio

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Question 1 (1 point) A $100 million bond portfolio has duration D=5. Suppose the interest rate goes up by 1%. What is the predicted portfolio value change? Portfolio value will go up by $5 million. Portfolio value will go down by $5 million. Portfolio value will go up by $10 million. Portfolio value will go down by $10 million

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