The value for duration describes the percentage increase in the price of a fixed-income asset for a given increase in the required yield or interest rate.
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Q25: For a given maturity fixed-income asset, duration
Q26: Buying a fixed-rate asset whose duration is
Q27: Matching the maturities of assets and liabilities
Q28: Immunization of a FIs net worth requires
Q29: For a given change in required yields,
Q31: For given changes in interest rates, the
Q32: The larger the interest rate shock, the
Q33: Setting the duration of the assets higher
Q34: Larger coupon payments on a fixed-income asset
Q35: An FI can immunize its portfolio by
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