One of the Problems with Duration Is That It Often

question 2

True/False

One of the problems with duration is that it often assumes a parallel shift in yield curves.

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Definitions:

Balance Sheet

A financial statement showing an entity's assets, liabilities, and shareholders' equity at a specific point in time, reflecting the company's financial position.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that aims to bring transparency, accountability, and efficiency to international financial markets.