Macaulay duration is the optimal holding period to immunize the interest rate risks, namely to make the

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Macaulay duration is the optimal holding period to immunize the interest rate risks, namely to make the reinvestment risk and selling price risk offset one another completely.

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Posted Date: Aug 14, 2020 08:53 AM

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Macaulay duration is the optimal holding period to immunize the interest rate risks, namely to make the

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Principles of Corporate Finance

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