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20:11
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NEDL
Duration and convexity explained: bond interest rate sensitivity (Excel)
How to model the sensitivity of a fixed-rate bond price to interest rate changes using the concepts of modified duration and convexity? And, most importantly, why do they really work? Today, we are investigating the underlying logic of modified duration and convexity and applying these to a simple example. Don't forget to subscribe to NEDL and ...
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