11.10 What does the term duration mean to bond investors and how does the duration of a...

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11.10 What does the term duration mean to bond investors and how does the duration of a bond differ from its maturity? What is modified duration, and how is it used? What is effective duration, and how does it differ from modified duration?

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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Question Posted: Oct 25, 2024 04:00 AM

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11.10 What does the term duration mean to bond investors and how does the duration of a...

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Fundamentals Of Investing

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