Question
Which risk is specifically addressed by the 'Modified
Duration' of a bond portfolio?Solution
Modified Duration measures the percentage change in the price of a bond for a 1% change in interest rates. Modified Duration specifically measures how sensitive a bond's price—or the value of a bond portfolio—will change in response to a percentage change in interest rates. For every 1% change in interest rates, the portfolio's value will move in the opposite direction by a percentage equal to the modified duration.
Which day is recognized as Pi Approximation Day for its mathematical significance?
Coal India Ltd is going to invest an amount of Rs 24,750 crore in capital expenditure to build how many first-mile connectivity (FMC) projects to boost ...
The ______ exercise involved participation of more than 17 Government agencies from nine Coastal States and four Union Territories that are involved in ...
Which university became India’s first Institute of Eminence (IoE) to receive accreditation from the Data Science Council of America (DASCA)?Â
Who won the Best Fiction Award at the Third Edition of the Ramnath Goenka Sahitya Samman?
- Which company received CDSCO approval for the Lumpy Skin Disease (LSD) vaccine for dairy cattle?
How many states share their boundary with Nepal?
What was India’s Wholesale Price Inflation (WPI) in August, recorded as a four-month high?
India hosted the AFC Women’s Asian Cup 2022 football tournament, which was held in Mumbai, Navi Mumbai and Pune. Which country won the tournament?
Which of the following statements about the 46th Session of the World Heritage Committee is incorrect?
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