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What Are the Two Components of Interest-Rate Risk? How Do

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What are the two components of interest-rate risk? How do they work to immunize a portfolio?


Definitions:

Change Agents

Individuals or entities that act as catalysts for change within organizations or communities, driving and facilitating efforts for transformation.

Perseverance

The steadfastness in doing something despite difficulty or delay in achieving success.

Flexibility

Flexibility is the quality of being adaptable or variable, especially in the face of change or under different conditions, often considered crucial for successful problem-solving and innovation.

Assessment Skills

The ability to evaluate or estimate the nature, ability, or quality of something, especially in a healthcare context to inform patient care.

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