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citizens1stbank
I am working on some duration functions in Excel and I notice that exce
will not compute the macaulay or modified duration if you have a numbe
other than 1, 2, or 4 for the amount of payments per year. I wa
interested in knowing if there is a way any of you have contrived t
calculate duration for a bond, for instance, with montly payments (
frequency of 12). Thanks
will not compute the macaulay or modified duration if you have a numbe
other than 1, 2, or 4 for the amount of payments per year. I wa
interested in knowing if there is a way any of you have contrived t
calculate duration for a bond, for instance, with montly payments (
frequency of 12). Thanks