How does interest-rate risk arise and how is it measured? How is interest-rate risk related to bond portfolio management?

Discussion 1

How does interest-rate risk arise and how is it measured? How is interest-rate risk related to bond portfolio management?

Discussion 2

What were some of the credit risks that arose from the 2008 financial crisis? How were banks affected by the credit risks? How were individuals and businesses affected by the credit risks?

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