Articles tagged “Macaulay Duration”
2 articles.
- Macaulay and Modified duration in bond and debt mutual funds
Macaulay duration is the weighted-average time to receipt of bond cash flows; modified duration measures bond-price sensitivity to interest-rate changes. Covers …
- Macaulay duration in debt mutual funds
Macaulay duration is the weighted average time to receive all cash flows from a bond, measured in years, where the weights are the present values of each cash …