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CAS Exam 9 Study Notes: Managing Interest Rate Risk
2019-04-16
I've uploaded my notes on managing interest rate risk, based on Chapters 16 and 23 from the textbook Investments by Bodie, Kane, and Marcus. The notes explain how duration and convexity can be used to assess the sensitivity of an asset or liability to changes in the interest rate, and give an overview of strategies for managing interest rate risk.
Keywords: Actuarial Science, Study Note, Exam 9