Duration measures the sensitivity of a bond's prices to changing interest rates.

Name: Duration measures the sensitivity of a bond's prices to changing interest rates.
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Duration is a measure of the bond's sensitivity to interest rate changes, and it takes into account the bond's time to maturity, coupon rate, and yield to maturity. Therefore, the higher the duration of a bond, the more sensitive its price will be to changes in interest rates.

Duration Measures the Sensitivity of a Bond's Prices to Changing