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Dollar Duration and Dollar Beta

Posted by Bill Campbell III, CFA on March 9, 2014
Posted in: Level III.

Dollar duration (or money duration) is a phrase that should be familiar to you by now: instead of measuring the percentage change in the value of a fixed income portfolio for a 1% change in yield to maturity (as modified or effective duration do), dollar duration measures the change in dollar (or other currency) value […]

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