Question
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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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
