True/False
One problem with duration hedges is that they are only accurate for very small changes in the interest rate.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q18: The duration of a coupon bond falls
Q19: When we improve the accuracy of the
Q20: When hedging with DGAP, if the yields
Q21: Duration_ as the yield _.<br>A) increases; increases<br>B)
Q22: If the duration gap is negative, a
Q24: The cover ratio is a static measure
Q25: The objective of the corporate risk manager
Q26: The 'modified duration' of a security refers
Q27: Suppose you are a bond portfolio manager
Q28: The convexity (CX) of a ZCB is