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Business, 10.03.2020 09:02 sean7224

You own a fixed-income asset with a duration of five years. If the level of interest rates, which is currently 8%, goes down by 10 basis points, how much do you expect the price of the asset to go up (in percentage terms)

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You own a fixed-income asset with a duration of five years. If the level of interest rates, which is...
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