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Question
If all interest rates decline 90 basis points (ΔR/(1 + R) = -90 basis points), what is the change in the market value of equity?
A. -$4.4300 million
B. +$3.9255 million
C. +$4.3875 million
D. +$2.5506 million
E. +$0.0227 million
Answer
This answer is hidden. It contains 108 characters.
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