Interest Rate Risk Interest rate changes have significant effects on many financial firms net income, asset value, liability value and equity value (net.
Investments, 8 th edition Bodie, Kane and Marcus Slides by Susan Hine McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights.
Managing Bond Portfolios. 13.1 INTEREST RATE RISK.
Yields & Prices: Continued Chapter 11. Learning Objectives Understand interest rate risk and the key bond pricing relation Compute and understand the.
