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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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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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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 $____________.