Modified Duration Formula

AFM Financial Mathematics - Calculation of YTM Free JAIIB Capsule 22 views Updated
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AFM · Financial Mathematics - Calculation of YTM
While Macaulay Duration measures time, Modified Duration measures price sensitivity. How is Modified Duration calculated from Macaulay Duration?
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While Macaulay Duration measures time, Modified Duration measures price sensitivity. How is Modified Duration calculated from Macaulay Duration?

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This capsule covers Accounting & Financial Management for Bankers, Financial Mathematics - Calculation of YTM. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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