True/False
Modified duration is adjusted for the curvature in the yield curve.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q34: Convexity cannot be used to construct a
Q35: A portfolio is exposed to interest rate
Q36: Convexity increases as:<br>A) the market yield falls.<br>B)
Q37: 'Duration' refers to:<br>A) the period of time
Q38: A position is said to be 'immunised'
Q40: Critically discuss the use of duration to
Q41: A perpetuity (a bond with an infinite
Q42: In the immunisation process:<br>A) DGAP is not
Q43: The error in the approximation increases as
Q44: The duration of a coupon bond_ at