Risk Management Tools (2)
{"Image DocumentName": "Risk Management Tools (2)", "Image ImageDescription": "Sensitivity Measure: Duration. Modified Duration: 13.5 years \uf0e8 very high duration (as expected) Duration does not tell us whether the movement in the interest rate is likely and does not take into account of the non-linearity of the relation between interest rates and bond price. Scenario Analysis: it allows to investigate nonlinear, extreme effects but does not tell us the probabilities of these extreme events. Bahattin Buyuksahin, Celso Brunetti.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}