Define bond duration

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Define Bond Duration. Explain the business meaning using a language that business people who have limited finance background can understand. Why should a finance or treasury manager should pay attentions to the duration issues? Please elaborate.Define Bond Duration. Explain the business meaning using a language that business people who have limited finance background can understand. Why should a finance or treasury manager should pay attentions to the duration issues?

Reference no: EM132222286

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