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Business, 08.04.2021 21:30 vickye146

4. A portfolio manager wants to estimate the interest rate risk of a bond using duration. The current price of the bond is $79.40. A valuation model found that if interest rates decline by 50 basis points, the price will increase to $83.50 and if interest rates increase by 50 points, the price will decline to $77.90. What is the duration of this bond

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4. A portfolio manager wants to estimate the interest rate risk of a bond using duration. The curren...
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