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Explain the differences between bond maturity and bond duration.Discuss the usefulness of knowing bondduration

2006-10-12 03:41:00 · 1 answers · asked by Anonymous in Education & Reference ➔ Financial Aid

1 answers

Bond maturity: the day the bond reaches payout date and has reached its full financial value.

Bond duration: the time it takes to reach maturity or full financial value.

2006-10-12 03:47:16 · answer #1 · answered by Charles Athole M 4 · 0⤊ 1⤋

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