Duration is a measure of the sensitivity of an asset or a liability to a change in

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Duration is a measure of the sensitivity of an asset or a liability to a change in interest rates. Why would bank management want to know the duration of its assets and liabilities?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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Question Posted: Mar 02, 2024 05:01 AM

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Duration is a measure of the sensitivity of an asset or a liability to a change in

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Bank management would want to know the duration of its assets and liabilities for several reasons Interest Rate Risk Management Duration provides insi...View the full answer

Foundations Of Financial Markets And Institutions

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