Business
Business, 13.07.2020 16:01, sajawalkhan148

You own a fixed-income asset with a duration of four years. If the level of interest rates, which is currently 8.1%, goes down by 20 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 four years. If the level of interest rates, which is...

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