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duration of a bond

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › duration of a bond

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
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  • February 26, 2021 at 2:36 am #611727
    AvatarNoah098
    Member
    • Topics: 935
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    sir when we are asked to find ‘duration of a bond’, do we find Maculay’ duration and stop or we need to find Modified duration?

    February 26, 2021 at 8:30 am #611762
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    Most likely the question would specify, but if not then calculate the modified duration.

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