FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

U have a portfolio of mv 30,000,000 USD duration of 4.5 and Spread duration of 6 years. Ur spread drop by 100 bps while ur

  1. U have a portfolio of mv 30,000,000 USD duration of 4.5 and Spread duration of 6 years.

    Ur spread drop by 100 bps while ur interest rate duration drops by 50 bps. What is the new MV approximate of the portfolio?

    2,475,000

    3,100,000

    -5,000,000

    -3,000,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investment Science

Investment Science

Authors: David G. Luenberger

1st Edition

0195108094, 978-0195108095

More Books

Students also viewed these Finance questions

Question

★★★★★
Oklahoma statutes set the age for drinking 3.2 beer at 21 for men and 18 for women. The asserted purpose behind the statutes (and the sex-based classification that they established) was traffic...

Answered: 1 week ago

Question

★★★★★
Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi plans to spend \$5.2 million on TV, radio, and print advertising this...

Answered: 1 week ago

Question

★★★★★
25. Independent trials, resulting in one of the outcomes 1, 2, 3 with respective probabilities p1, p2, p3, 3 i=1 pi = 1, are performed. (a) Let N denote the number of trials needed until the initial...

Answered: 1 week ago

Question

★★★★★
The financial statements of Coca-Cola and PepsiCo are presented in Appendices C and D, respectively. The companies complete annual reports, including the notes to the financial statements, are...

Answered: 1 week ago

Question

★★★★★
Which account is used to record the cost of units completed during the period? options: Work in Process Inventory Finished Goods Inventory Cost of Goods Sold Overhead

Answered: 1 week ago

Question

★★★★★
What are some of the most useful built - in functions for manipulating arrays in PHP , and how might you use these functions to solve common programming challenges related to data processing?

Answered: 1 week ago

Question

★★★★★
Consider the EMPLOYEE database schema shown in Figure 4.6. Write PHP code to create the tables of this schema. Figure 4.6: A specialization lattice with shared subclass ENGINEERING_MANAGER. EMPLOYEE...

Answered: 1 week ago

Question

★★★★★
When reading a resistor's color bands: The first two colored bands, pulled from Table 1, represent the first and second digits of the resistance, respectively The third colored band, pulled from...

Answered: 1 week ago

Question

★★★★★
8. Consider a cantilever viewing platform extending over the rim of a cliff as shown below. In an unsafe situation, the platform would pivot about the cliff's edge. Without fixing bolts, what is the...

Answered: 1 week ago

Question

★★★★★
Apple is delaying its plan to use neuralMatchLinks to an external site. technology to scan US iPhones for child pornography and child abuse. Currently, Apple uses end-to-end encryption to ensure...

Answered: 1 week ago

Question

★★★★★
You use Tableau for a project about spacecraft trajectories. You drag the Spacecraft field onto a shelf, selecting a specific craft. This enables you to monitor the trajectories that will be most...

Answered: 1 week ago

Question

★★★★★
=+Now write the same commercial as a 15-second spot. What copy could you eliminate and still deliver the same message?

Answered: 1 week ago

Question

★★★★★
=+The TV spot should be for an unusual flavor of Jones soda like the following: a. Turkey & gravy b. Broccoli and cheese c. String bean casserole d. Pumpkin pie

Answered: 1 week ago

Question

★★★★★
=+Think about the kinds of talent you will be casting, so you have their voices and images in your mind.

Answered: 1 week ago

Previous Question Next Question