We can easily convert interest rates into price changes by fixing the duration.

匿名用户 最后更新于 2021-06-30 18:19 商科Business

We can easily convert interest rates into price changes by fixing the duration.  For example, there is a loan of 1 million yuan with a term of 2 years, the annual interest rate is 8%, and the interest is paid semiannually. If the market interest rate rises to 10%, try to calculate the sensitivity of the value of the loan to interest rate changes.

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