asked 188k views
4 votes
Two investors, Drew and Sidney, are investing in fixed income assets. Drew has a fixed income portfolio worth $5000 with a duration of 10 years. Sidney has a fixed income asset portfolio worth $8,000 with a duration of 5 years. Interest rates just jumped up by five basis points today. Which investor’s portfolio saw a larger loss?

1 Answer

4 votes

Answer:

I would have to say Drew

Step-by-step explanation:

answered
User Timemanx
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.