Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
As a financial expert, it is crucial to understand the concept of duration, which is the weighted average of all the maturities of bonds and debt securities in a portfolio. By calculating duration, we can assess the portfolio's sensitivity to interest rate changes, helping us make informed decisions in risk management. In simple terms, duration helps us evaluate how a portfolio would react to fluctuations in interest rates. It is a crucial tool in the world of finance.