Question: The - the interest rate changes and the convex a fixed-income security or portfolio, the the error the investor or Fl manager faces in using

 The - the interest rate changes and the convex a fixed-income

The - the interest rate changes and the convex a fixed-income security or portfolio, the the error the investor or Fl manager faces in using just duration to immunize exposure to interest rate shocks. Select one: O a smaller, more, greater Ob larger, more, greater O c.larger, more, smaller d. larger, less, greater smaller, less, greater

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