Question
Question 11 Assume the market value of a position is $400,000 and that its modified duration is 4.07 years. Further assume that the potential adverse
Question 11
Assume the market value of a position is $400,000 and that its modified duration is 4.07 years. Further assume that the potential adverse move in yield is 12.0 basis points. Rounded to two decimal points, the daily earnings at risk for this position is $____________.
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
