Question
The approximate percentage change in a bond’s price
for a 1% change in yield to maturity is given by:Solution
Modified Duration provides the approximate percentage change in a bond’s price for a 1% change in yield to maturity. The Macaulay duration of a bond is a weighted number of periods until the cash flows are to received
Which of the following is a short-term source of funding?
Which of the following is not an Asset for the bank?
Under the revised review of regulatory framework for Housing finance company (HFCs), by January 2025, what percentage of total public deposits must depo...
Overall responsibility for management of liquidity risk lies with the
A company may incur loss of material during handling, storage or process. Which of the following is not a form of loss of material?Â
Which of the following is a feature of a defined contribution pension plan?
1) Guaranteed payout at retirement
2) Employee bears the inves...
What is the "Indian Banks' Association (IBA)"?
Which of the following statements accurately describes the features of Treasury Bills (TBills)?
What provision is required for substandard infrastructure loan accounts?
Which of the following statements correctly explains why abnormal costs are excluded while computing variances under a standard costing system?
