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Duration measures the time it takes to recover half the present value of all future cash flows from the bond The discount rate for calculating the present
The duration of a bond is a linear approximation of minus the percent change in its price given a 100 basis point change in interest rates DURATION meaning: 1 : the length of time that something exists or lasts; 2 : until the end of something often + of
เรด้า duration Taking antibiotics will shorten the duration of the illness The next contract will be of shorter duration The overall duration of the flight was 11 Effective Duration Effective duration further refines the modified duration calculation and is particularly