Question: 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

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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1.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? LO 6.1

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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