Which of the following measures the sensitivity of the asset's price to interest rate movements, expressed as a number of years?

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Duration measures the sensitivity of the asset's price to interest rate movements, expressed as a number of years. Yield to maturity is the total return anticipated on a bond if the bond is held until maturity. Convexity measures the curvature of the relationship between bond prices and bond yields. Immunization is a strategy used to manage interest rate risk by matching the duration of assets and liabilities.

Which of the Following Measures the Sensitivity of the Asset's