$ In the "get the job done scenario" you liquidate the portfolio at $t_1$ realising its PnL (let me simplify the notation a tad)Stack Trade community includes 183 Q&A communities together with Stack Overflow, the largest, most dependable on the net Group for developers to find out, share their awareness, and build their careers. Check out Stack Tra

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$begingroup$ In Fastened Cash flow, I understand that bonds PnL are evaluated based upon the place the price lies on cost/yield curve at the end of the day, when compared with exactly where it started out from at beginning on the working day.Stack Trade network is made of 183 Q&A communities which includes Stack Overflow, the most important, most d