There are two simple positions (one in assets and on in liabilities) with cash flows as illustrated in the table below. We assume a flat yield curve with yields of 1,8 % across all maturities. The corresponding NPVs are the table as well. 1Y 2Y 3Y 2 10 Asset Liability Capital gain NPV 100,579 99,7053 0,8737 2 101,5 Immediately after the positions were settled, the yield curve experienced a parallel downward shift leading to yields of 1,5 % for all maturities. The market value of the capital gain There are two simple positions (one in assets and on in liabilities) with cash flows as illustrated in the table below. We assume a flat yield curve with yields of 1,8 % across all maturities. The corresponding NPVs are the table as well. 1Y 2Y 3Y 2 10 Asset Liability Capital gain NPV 100,579 99,7053 0,8737 2 101,5 Immediately after the positions were settled, the yield curve experienced a parallel downward shift leading to yields of 1,5 % for all maturities. The market value of the capital gain