- dollar duration
- The product of modified duration and the initial price. Bloomberg Financial Dictionary
Financial and business terms. 2012.
dollar duration
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Dollar Duration — measures the dollar change in a bond s value to a change in the market interest rate. The dollar duration is generally used by professional bond fund managers as a way of approximating the portfolio s interest rate risk. Dollar duration is one of … Investment dictionary
Dollar duration — The product of modified duration and the initial price. The New York Times Financial Glossary … Financial and business terms
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