macaulaydurationmodifiedduration

Macaulay Duration is defined as a measure of how long it will take for the Principal of a Bond to be repaid from the internal cash flows generated by the Bond.

Strictly speaking, Macaulay duration is the name given to the weighted average time until cash flows are received and is measured in years. Modified duration is ...

The modified duration measure takes duration one step further and gives the percentage change in the bond's price per basis point. Unlike the Macaulay duration, ...

Modified duration is an extension of Macaulay duration and is a useful measure of the sensitivity of a bond's price (the present value of its cash flows) to ...

2024年1月5日 — Duration measures the bond's price sensitivity to interest rate changes, while maturity refers to the time it takes to repay its principal.

The Macaulay Duration of a bond (or debt fund) is directly proportional to its maturity date. It means the longer the bond's maturity, the higher the Macaulay ...

Macaulay Duration is the weighted average number of years an investor must maintain his or her position in the bond where the present value (PV) of the bond's ...

To find the modified duration, all an investor needs to do is take the Macaulay duration and divide it by 1 + (yield-to-maturity / number of coupon periods per ...

2024年2月9日 — Modified duration calculates the percentage change in a bond's price for a one percent change in interest rates, while Macaulay duration takes ...