Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.

#bonds #duration #finance
Portfolio has to have duration (rather than maturity) equal to the required period, but it needs constant adjusting, because duration is calculated from yield to maturity so when yield changes, so does duration. Also, it is not accurate because immunisation is only to parallel shifts in rates.
If you want to change selection, open original toplevel document below and click on "Move attachment"


statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on



Do you want to join discussion? Click here to log in or create user.