Business, 28.10.2020 16:50 SmokeyRN

You own a bond portfolio worth $187,000. You estimate that your portfolio has an average YTM of 7.5% and a Modified Duration of 20.5 years. If your portfolio's average YTM were to increase by 17 basis points overnight, what would be the approximate new value of your portfolio

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You own a bond portfolio worth $187,000. You estimate that your portfolio has an average YTM of 7.5%...

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