Question
Using the duration approach, what is your estimate of the percentage change in a fixed-income asset with a Macaulay duration of 6 years if the
Using the duration approach, what is your estimate of the percentage change in a fixed-income asset with a Macaulay duration of 6 years if the current interest rate (yield) on the asset of 5% goes up 75 basis points?
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
