book 5, page 180 for the table given I thought key rate duration should be 2*0.45 10*.15 20*.1 25*.3 respectively how come the answer uses the wt times the key rate duration?? so contradictory with the books! Anyone can help me?
book 5, page 180 for the table given I thought key rate duration should be 2*0.45 10*.15 20*.1 25*.3 respectively how come the answer uses the wt times the key rate duration?? so contradictory with the books! Anyone can help me?