Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does Macaulay duration mean?

Suggestion/Report Error
Macaulay duration
(DMAC; Dmac)

The sum of the present value of all future cash flows of a rate-sensitive instrument after multiplying each of its cash flows by the time period until it occurs and then dividing that product by the sum of the present value of the total future cash flows.

© 2015-2023 Pecunica LLC.  All rights reserved.