SPECIFIC FEATURES OF MACAULAY DURATION DEPENDENCE ON PERIOD TO REDEMPTION

The article is devoted to taking into account the behavior of the duration indicator between coupon payments in dependence of this indicator from term to maturity. It was found that during the coupon period Macaulay duration varies linearly and at the end of the period duration has a jump, the value...

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Bibliographic Details
Main Author: Natalia V. Popova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/303
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