Question: When is the duration convexity approximation relevant? (Indicate all correct answers.) Group of answer choices When there is a large parallel shift in interest rates.
When is the duration convexity approximation relevant? (Indicate all correct answers.) Group of answer choices When there is a large parallel shift in interest rates. When there is a small parallel shift in interest rates. When there is a large non-parallel shift in interest rates. When there is a small non-parallel shift in interest rates
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