Documents Duration, Convexity and Immunization

Dr. Himanshu Joshi Change in interest rates results in change in prices of bonds in reverse direction. Interest rate increase = Price will fall to offer in-built capital…

Documents Dr. Himanshu Joshi. Change in interest rates results in change in prices of bonds in reverse...

Dr. Himanshu Joshi Change in interest rates results in change in prices of bonds in reverse direction. Interest rate increase = Price will fall to offer in-built capital…