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salonijainnn salonijainnn
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2 years ago
Bond convexity refers the property of bonds that causes prices

▸ to rise and fall in a way that exactly offsets changes in yield to maturity.

▸ rise and fall in a linear manner as yields change.

▸ rise at a decreasing rate when yields fall.

▸ rise at an increasing rate when yields fall.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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micp3537micp3537
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2 years ago
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2 years ago
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