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The CFA Qualification
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Understanding Fixed-Income Risk and Return
Reading # 46
46.1 Sources of Return
46.2 Macaulay, Modified, and Approximate Duration
46.3 Effective Duration
46.4 Key Rate Duration; Properties of Duration
46.5 Duration of a Bond Portfolio
46.6 Bond Convexity
46.7 Interest Rate Risk and the Investment Horizon; Credit, Liquidity Risk
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