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To measure how a non-Treasury securitys price will change as the result of changes in its yield versus a Treasury security, a portfolio manager will
To measure how a non-Treasury securitys price will change as the result of changes in its yield versus a Treasury security, a portfolio manager will wish to know
a- the key rate duration of the portfolio
b- the spread duration of the portfolio
c- each periods contribution to duration
d- the convexity of the portfolio
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