Question: 9. The method of using weighted-average portfolio duration and convexity measures to assess price risk of a bond portfolio is best characterized as: A. being

9. The method of using weighted-average portfolio duration and convexity measures to assess price risk of a bond portfolio is best characterized as:

A. being theoretically correct.

B. being commonly used by portfolio managers.

C. accommodating non-parallel shifts in the yield curve.

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