Annuity Duration
Duration is a measure of the time associated with cash flows or payments from a bond. Duration measures the amount of time (in years from the purchase date) required for a bond owner to receive interest and principal payments that are equal to the cost of the bond.
Long duration bonds have payments that are spread-out over a relatively long period of time (...
- Read more about Annuity Duration
- tom's blog
- 1 comment
- Log in to post comments