Fixed-interest fund managers measure convexity in conjunction with duration to better measure their exposures to interest rate
Fantastic news! We've Found the answer you've been seeking!
Question:
Fixed-interest fund managers measure convexity in conjunction with duration to better measure their exposures to interest rate risk. Discuss the concept of convexity within the context of interest rate risk measurement, duration and the bond price-yield curve.
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
Posted Date: