Answer Happy

Posted: **Tue Jan 18, 2022 12:57 pm**

: B Why Modified Duration Is A Better Measure Than Maturity In The Calculation Of The Bond S Sensitivity To Changes In In 1 (19.01 KiB) Viewed 72 times

b) Why modified duration is a better measure than maturity in the calculation of the bond's sensitivity to changes in interest rates? What is convexity and how modified duration and convexity are used to approximate the bond's percentage change in price, given a change in interest rates?