Discuss why duration is an inappropriate measure of interest rate risk for interest rate swaps.
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Discuss why duration is an inappropriate measure of interest rate risk for interest rate swaps.
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Duration is the percentage change of a securitys price for a given per...View the full answer
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Related Book For
Debt Markets And Investments
ISBN: 9780190877439
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Andrew C. Spieler
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