For example, if interest rates rose by 2% ... you would have a choice between two formulas: Macaulay Duration, which is expressed in years, and Modified Duration, the more modern measurement ...
Modified duration is a formula that measures the sensitivity ... the impact of interest rate changes on their investments. For example, when interest rates rise, bond prices decline, and vice ...
20: The duration for which the SIP is maintained (20 years). - 15: The expected annualised return of 15% for your SIP investments. How Does the 10X20X15 SIP Formula Work? Example Breakdown Here ...