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Duration Is Defined as the Weighted Average Time to Maturity

question 17

Essay

Duration is defined as the weighted average time to maturity of a financial instrument.List at least four other key things you know about duration.


Definitions:

Self-Confidence

The belief in one’s abilities and judgment, fostering courage and self-assurance.

Opiates

A group of narcotics derived from the opium poppy that provide a euphoric rush and depress the nervous system.

Opium Poppy

A flowering plant from which opium and many opiates, including morphine and codeine, are derived.

Narcotics

Drugs used to relieve pain and induce sleep; the term is usually reserved for opiates.

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