Macaulay duration \ The weighted-average term to maturity of the cash flows from the bond, where the weights are the present value of the cash flow divided by the price.
The weighted-average term to maturity of the cash flows from a bond, where the weights are the present value of the cash flow divided by the price.
Macaulay duration / the weighted-average term to maturity of the cash flows from the bond, where the weights are the present value of the cash flow divided by the price.
the weighted-average term to maturity of the cash flows from a bond, where the weights are the present value of the cash flow divided by the price.