Question
You are holding a bond portfolio valued at $125,000 with duration of 8.5 years. The current interest rate is 7.5%. If the interest rates increase
You are holding a bond portfolio valued at $125,000 with duration of 8.5 years. The current interest rate is 7.5%. If the interest rates increase to 8.75%, what is the new value of your bond portfolio?
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Introduction To Financial Models For Management And Planning
Authors: James R Morris, John P Daley
2nd Edition
1498765041, 9781498765046
