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(Commercial Banking Course) Q- Duration is a measure of the sensitivity of the value of a fixed stream of future payments to changes in interest
(Commercial Banking Course)
Q- "Duration" is a measure of the sensitivity of the value of a fixed stream of future payments to changes in interest rates. Why is it useful for a banker?
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Handbook Of Asian Finance Financial Markets And Sovereign Wealth Funds
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009829, 978-0128009826
