Question: When we immunize against interest changes, why is it important for us to be able to compare the convexity of our assets to the convexity

When we immunize against interest changes, why is it important for us to be able to compare the convexity of our assets to the convexity of our liabilities? The duration formula is accurate both for very small and very large changes in interest rates. The duration formula is very inaccurate, both for very small and very large changes in interest rates. For large changes in interest rates, the duration formula is inaccurate. For small changes in interest rates, the duration formula is inaccurate

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