Is there any relationship between duration and convexity

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1. What are five of the External and five of the Internal factors that credit rating firms take into account in assigning ratings to individual businesses?

2. Is there any relationship between Duration and Convexity? If any, what is it?

3. Please  discuss the various types of international banking offices. Also, why does this process often lead to the creation of interest rate risk? What is interest rate risk? How can the company hedge this risk?

Reference no: EM132034880

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