David Jordan, a level III candidate in the CFA program, is a portfolio manager with Golson Investment-Group. He manages a fixed-coupon bond portfolio with a face value of $120.75 million and a current market value of $116.46 million. Golson's research department has forecasted that interest rates are going to decrease by 50 basis points. Based on this forecast, Ranjin estimates that the portfolio's value will increase by 2.12 million if interest rates fall and will decrease by 2.07 million if interest rates rise. Which of the following choices is closest to the portfolio's dollar duration?

[单选题]Charles Mbuwanga, a Level III CFA Candidate, is the business development ma

[单选题]Charles Mbuwanga, a Level Ⅲ CFA candidate, is the business development mana

[单选题]Ralph Salley, a Level I candidate in the CFA Program, is explaining Standar

[单选题]A portfolio manager decides to temporarily invest more of a portfolio in eq

[单选题]A portfolio manager decides to temporarily invest more of a portfolio in eq

[单选题]Jeffery Jones is a Level II candidate in the CFA Program. She receives an e

[单选题]Preeta Singh, a CFA Candidate, is an asset manager employed by a fund manag

[单选题]Jefferson Piedmont, CFA, a portfolio manager for Park Investments, plans to

[单选题]Molly Burnett, CFA, is a portfolio manager for a fund that only invests in

[单选题]Molly Burnett, CFA, is a portfolio manager for a fund that only invests in