A archived_user New member Joined Jun 18, 2026 Messages 0 Reaction score 0 Sep 25, 2016 #1 Modified takes into account changes in CF. Is this the only difference? Same question for Convexity Thanks
Modified takes into account changes in CF. Is this the only difference? Same question for Convexity Thanks
A archived_user New member Joined Jun 18, 2026 Messages 0 Reaction score 0 Sep 25, 2016 Thread starter #2 opposite… effective takes into account of CF changes… modified does not.
A archived_user New member Joined Jun 18, 2026 Messages 0 Reaction score 0 Sep 25, 2016 Thread starter #3 sorry good catch, that’s the only difference?
A archived_user New member Joined Jun 18, 2026 Messages 0 Reaction score 0 Sep 25, 2016 Thread starter #4 Effective Duration takes into account embedded options cash flow change