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P2.T7.303. Liquidity and Leverage (Malz)
hello @David Harper CFA FRM On fractional reserve banking of this thread, will a full reserve banking (100%) erradicate our typical (FRM) liquidity risk for banks and convert this risk in the normal liquidity risk born by any other company in the non-financial sector? The maturity transformation...- HFlei5545
- Post #6
- Forum: FRM® Practice Questions
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Duration - Convexity graph
What is the convention when plotting Duration/Convexity graph, Price is in the X axis or in the Y axis? From what I have seen they graph Yield on the x-axis when plotting duration/convexity but I read somewhere that David explained that price determines the yield and not viceversa; so price...- HFlei5545
- Thread
- convexity duration
- Replies: 2
- Forum: P1.T4. Valuation & Risk Models (30%)