Explain the Basic Concept of Bond Duration and Why This

question 83

Essay

Explain the basic concept of bond duration and why this measure is meaningful to investors.

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Definitions:

Kaizen

A Japanese business philosophy of continuous improvement of working practices, personal efficiency, etc.

Japanese Concept

A philosophy or practice originating from Japan, often applied to management, manufacturing, or cultural approaches.

User Applies

The process by which individuals utilize and implement tools, knowledge, or systems to achieve specific tasks.

Client Specification

Detailed requirements provided by a client regarding the desired features and standards for a project or product.