Professor Robert B.H. Hauswald Kogod School of Business, AU FIN 683 Financial Institutions Management Measuring and Managing Interest-Rate Risk Cash-Flow Based Interest-Rate…
Chapter 9 Overview This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation…
Overview This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization…