Macaulay duration is a weighted average [...] until repayment (measured in [...])
Answer
time until repayments, e.g. coupons and principal (measured in units of time such as years)
Tags
#bonds #duration #finance
Question
Macaulay duration is a weighted average [...] until repayment (measured in [...])
Answer
?
Tags
#bonds #duration #finance
Question
Macaulay duration is a weighted average [...] until repayment (measured in [...])
Answer
time until repayments, e.g. coupons and principal (measured in units of time such as years)
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Open it Macaulay duration is a weighted average time until repayment (measured in units of time such as years)
Original toplevel document
Bond duration - Wikipedia, the free encyclopedia the asset.
This gives the well-known relation between Macaulay duration and modified duration quoted above. It should be remembered that, even though Macaulay duration and modified duration are closely related, they are conceptually distinct. <span>Macaulay duration is a weighted average time until repayment (measured in units of time such as years) while modified duration is a price sensitivity measure when the price is treated as a function of yield, the percentage change in price with respect to yield.
Units[edit]
For modified du
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
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