CFAI text V4 P112: Example 10
| How come the answer indicates the new bond market value = dollar duration of old bond / DOLLAR DURATION of new bond * 100? Yet the equation above example 10 (on the same page) indicates the new bond market value = dollar duration of old bond / DURATION of new bond * 100. Can anyone tell the why it’s different? |
发表于 2013-4-10 17:59
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