The economic meaning of duration is the interest elasticity of a financial asset's price.
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Q7: Interest elasticity is the percentage change in
Q8: As interest rates rise, the duration of
Q9: Marking-to-market accounting is a market value accounting
Q10: Duration of a fixed-rate coupon bond will
Q11: Market value accounting reflects economic reality of
Q13: Duration is equal to maturity when at
Q14: Duration is related to maturity in a
Q15: Normally, duration is less than the maturity
Q16: Duration increases with the maturity of a
Q17: Duration is the weighted-average present value of
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