Question
You have a portfolio of bonds with an average duration of 5.25 and an average discount rate of 5%. What is the approximate value of
You have a portfolio of bonds with an average duration of 5.25 and an average discount rate of 5%. What is the
approximate value of the $3 million portfolio if rates rise or fall 50 basis points?
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
