What are the two different general interpretations of the concept of duration, and what is the technical

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What are the two different general interpretations of the concept of duration, and what is the technical definition of this term? How does duration differ from maturity?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 04:48 AM

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What are the two different general interpretations of the concept of duration, and what is the technical

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Duration measures the weightedaverage life of an asset ...View the full answer

Financial Institutions Management A Risk Management Approach

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