Question
What happens when the modified duration of the portfolio is greater than the implied sensitivity? what happens to the net position if there is an
What happens when the modified duration of the portfolio is greater than the implied sensitivity? what happens to the net position if there is an upward shift in the yield curve?
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
