Bond duration is a measurement that tells us how much a bond’s price might change if interest rates fluctuate. Its full definition is actually a little more technical than that since duration ...
With clocks 'springing forward,' there is growing speculation about what potential changes to Daylight Saving Time could mean for the golf industry.
The table below shows how this number can be calculated: What does this modified duration mean? If interest rates increase by 1%, the price of our hypothetical three-year bond will decrease by 2.67%.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results