Question: The duration (duration) is understood as: Please select correct answer 1.- The present value of the future flows of a bond 2.- The convexity of
The duration (duration) is understood as:
Please select correct answer
1.- The present value of the future flows of a bond 2.- The convexity of the PriceInterest rate curve 3.- The change in the value of a bond when there is a change in interest rates 4.- The necessary rebalancing of a bond portfolio.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
