Approximate Modified Duration in Financial Formulas

Approximate Modified Duration is a measure of a bond’s price sensitivity to changes in interest rates, reflecting how much the bond’s price will change for a 1% change in yield. And is denoted by AMD.

Financial formulas that make use of Approximate Modified Duration

fxApproximate Macaulay DurationGo

FAQ

What is the Approximate Modified Duration?

Approximate Modified Duration is a measure of a bond’s price sensitivity to changes in interest rates, reflecting how much the bond’s price will change for a 1% change in yield.

Can the Approximate Modified Duration be negative?

{YesorNo}, the Approximate Modified Duration, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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