Why isn’t the country beta applied to calculate the duration? I though it the duration would be 8 * 0.5 country beta = 4 instead of 8.
The country beta was applied in the first question to calc the weighted average duration.
Why isn’t the country beta applied to calculate the duration? I though it the duration would be 8 * 0.5 country beta = 4 instead of 8.
The country beta was applied in the first question to calc the weighted average duration.
Thanks, there are so many nuances that are easily missed!