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Business, 19.08.2020 18:01 beauiful

Two investors, Drew and Sidney, are investing in fixed income assets. Drew has a fixed income portfolio worth $5000 with a duration of 10 years. Sidney has a fixed income asset portfolio worth $8,000 with a duration of 5 years. Interest rates just jumped up by five basis points today. Which investor’s portfolio saw a larger loss?

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Two investors, Drew and Sidney, are investing in fixed income assets. Drew has a fixed income portfo...
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