Duration is most accurate as a measure of interest
Duration is most accurate as a measure of interest rate risk for a bond portfolio when the slope of the yield curve:
A.increases.
B.decreases.
C.stays the same.
参考解答
4j8***102
2024-11-14 20:05:39
Ans:C;
C is correct because duration measures the change in bond’s price if the yields for all maturities change by the same amount; that is, it assumes the slope of the yield curve stays the same.
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