
- UID
- 223284
- 帖子
- 248
- 主题
- 116
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
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Yeah, thats my point. They say they “want a duration of 4”. The way the question is worded they’d end up with a duration of 7. Its not like levering up equity because the leverage itself had duration.
I think it’s just a poorly worded question. |
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