Duration is used to indicate the volatility of bond prices to changes in interest rates. The bond holder can, thus, determine the sensitivity of the price of bond to changes in interest rates, once he has calculated the duration of the bond. It is also a technique used to measure the length of the stream of payment associated with a bond investment. It is the weighted average of the cash flow streams where the weights are defined in terms of present value. Thus, for a coupon bond, the duration will be less than maturity and for zero coupon bond it will be equal to maturity. it is the weighted average of the cash flow streams, where the weights are defined in terms of present value
The Battle of Plassey was fought in:
What is the correct chronological sequence of the later Mughal emperors?
Bahadur Shah-I
Which battle marked the beginning of British rule in India?
Who were called the New Muslims?
Ayagara in Vijayanagar were
Who declared the revolt of 1857 as a ‘national revolt’ in the House of Commons?
Who was responsible for the destruction of Vikramashila, one of the three major Buddhist monasteries in India during the Pala Empire?
During which ruler's reign did Pietra dura, the art of inlaying colored stones into marble, gain popularity?
Who was the mother of Samudragupta, the renowned emperor of the Gupta Empire?
Consider the following statements regarding the Vijayanagar empire:
It was named after the city of Vijaya...
