Question
The average time until the cash flows on the bond is
received:Solution
The duration of a financial asset that consists of fixed cash flows, such as a bond, is the weighted average of the times until those fixed cash flows are received. When the price of an asset is considered as a function of yield, duration also measures the price sensitivity to yield, the rate of change of price with respect to yield, or the percentage change in price for a parallel shift in yields.
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How is ‘B’ related to ‘E'?
How manyfemale membersare there in the family?
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