Modified duration
The modified duration is a measure of the sensitivity of a bond price to interest rates:
Modified duration = D ÷ (1+r) ...
Modified duration
The ratio of Macaulay duration to (1 + y), where y = the bond yield. Modified duration is inversely related to the approximate percentage change in price for a given change in yield. ...
modified duration
Macaulay duration adjusted for compounding. The figure for Macaulay duration is divided by the sum of one plus the rate divided by the number of compounding periods per year.
Modified Duration
The level of interest rate sensitivity resulting from small changes in the yield to maturity of a bond.
modified duration A modification of Macaulay duration.
money market deposit A large-denomination time deposit.
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Modified Duration
Modified Internal Rate of Return - MIRR
Modified pass-throughs
Modigliani and Miller Proposition I
Modigliani and Miller Proposition II
Modigliani-Miller Theorem - M&M
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Modified duration The ratio of Macaulay to (1 + y), where y = the . Modified duration is inversely related to the approximate percentage change in price for a given change in yield.
Modified Duration = ________Duration________________ ( 1 + yield in market/coupons in year) Money Market Funds - Are mutual funds which invest in short-term instruments such as treasury bills, commercial paper, and asset backed securities (ABS).
Modified duration is the percentage change in the price of a fixed income instrument per basis point change in yield. For a 1% change in yield, an instrument with a modified duration of 1.5 will change 1.5% in price in the opposite direction.
The product of modified duration and the initial price.
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The product of modified duration and the initial price. Dollar price of a bond
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modified duration
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modified duration Modified Duration is a formula used to express the measurable change in a securities'... modified pass-through A pass-through that promises timely interest payments, and principal payments...
The modified duration of a bond assumes that cash flows do not change in response to movements in the term structure, which is not the case for an MBS.
Dollar Duration definition :
The product of modified duration and the initial price.
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DOLLAR DURATION - The product of modified duration and the initial price.
DOLLAR PRICE - Is the price of a bond expressed as a percentage of face, par, or principal. For example...
modified duration Duration measure in which it is assumed that yield changes do not change the expected cash flow. This measure is appropriate for option-free bonds.
In general, duration rises with maturity, falls with the frequency of coupon payments, and falls as the yield rises (the higher yield reduces the present values of the cash flows.) Duration (the term modified duration is used in the strict sense ...
 See also: Banks, Expense, Principal payments, Net present value, Conversion ratio
  
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