About this document
Duration and Interest Rate Impact Analysis by Afnan is a document available to read on EtoBox.
This document outlines the key topics covered in Chapter 9 on interest rate risk, including: 1) Duration, which measures the interest rate sensitivity of assets and liabilities, and how it differs from maturity. Duration takes into account the timing of cash flows. 2) Calculations show duration decreases as yield to maturity increases for coupon bonds, but does not change for zero-coupon bonds. 3) Duration is calculated for examples including a coupon bond, zero-coupon bond, and loan with multiple cash
- Author
- Afnan
- Language
- EN