Money Things is a place to learn effective solutions to common and difficult financial problems.
What Are Money Things?
Money Things are stocks, bonds, contracts - basically anything that banks and businesses use to loan or borrow cash.
Friday, July 23, 2010
What does Duration mean?
Duration is a way to show how much a bond is likely to go up and down in price. A bigger duration means the price will probably change a lot and is therefore more risky.
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