Duration - Definition, What is Duration, Advantages of

duration  Duration is an imperfect way of measuring a bond's price change, as it indicates that this change is linear in nature when in fact it exhibits a sloped or “ duration of aging, transforming it into a shocking moment of revelation: “I can't believe I'm old!” or “After her terrible illness, she looked twenty years

Determinants of Duration · Duration is inversely related to the bond's coupon rate · Duration is inversely related to the bond's yield to maturity  The length of the duration is stored using two fields

The length of the duration is stored using two fields The length of the duration is stored using two fields