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Effective Duration
The short answer
A bond duration measure that accounts for changes in expected cash flows, useful for callable bonds and mortgage securities.
What is Effective Duration?
A bond duration measure that accounts for changes in expected cash flows, useful for callable bonds and mortgage securities.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
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