Can you explain what duration measures? Why is duration important to a bond investor?© BrainMass Inc. brainmass.com June 3, 2020, 10:34 pm ad1c9bdddf
Can you explain duration measures? Why is duration important to a bond investor?
As per Investopedia.com, "The term duration has a special meaning in the context of bonds. It is a measurement of how long, in years, it takes for the price of a bond to be repaid by its internal cash flows. "
As per financiallearn.com, "The bond duration refers to the weighted average of ...
This solution of 226 words defines duration measures and applies it to bond duration with examples. References used are included.