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The measure used to calculate the changes in yield curve due to altered cash flows when a bond with an embedded option is exercised is
The measure used to calculate the changes in yield curve due to altered cash flows when a bond with an embedded option is exercised is - Answer Choices: a. Approximate Convexity b. Modified Duration c. Effective Convexity d. Macaulay Duration
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
