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.

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