Let’s take an example in which you have to calculate the weekly wages of your employees. For this, you should know the total working duration of your workers for all 6 days. The screenshot provided ...

Modified duration shows bond price sensitivity to yield changes; a 1.859% price change per 1% yield shift. Macauley duration measures average time to receive bond cash flows, key for calculating ...

Nick Lioudis is a writer, multimedia professional, consultant, and content manager for Bread. He has also spent 10+ years as a journalist. Yarilet Perez is an experienced multimedia journalist and ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. The Macaulay duration and the modified duration are chiefly used to calculate ...

The European Banking Authority published final Guidelines on the correction required for the calculation of Modified Duration for debt instruments subject to prepayment risk under the Capital ...

Key rate duration measures a bond's sensitivity to shifts in interest rates at specific maturity points along the yield curve. Unlike traditional duration metrics, which assume parallel interest rate ...