Duration Definition

Duration Definition duration Effective duration calculates the expected price decline of a bond when interest rates rise by 1% The value of the effective duration will always be lower than duration Calculate the duration between two times · First, identify the starting and an ending time · If the times are not already in 24-hour time, convert them to 24-

duration Duration · Duration measures the percentage change in the price of a bond due to a change in market interest rates (also known as

duration To construct a duration use either the extension function toDuration, or the extension properties hours, minutes, seconds, and so on, available on Int, Long, Macaulay Duration Calculation Example Let's assume that Anytown issues a three-year, $1,000 bond with a semiannual 10% coupon To find the