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The vega of a derivative portfolio dependent on the dollar - sterling exchange rate is 2 5 0 ( $ per % ) . Estimate

The vega of a derivative portfolio dependent on the dollar-sterling exchange rate is 250($ per %). Estimate the effect on the portfolio of an increase in the volatility of the exchange rate from 12% to 14%.
The value of the portfolio will increase if there is an increase in volatility to:

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