Question
how is duration related to the price elasticity of a fixed-income security? what is the relationship between duration and the price of a fixed-income security?
how is duration related to the price elasticity of a fixed-income security? what is the relationship between duration and the price of a fixed-income security?
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
