What is the difference between annualized modified duration and modified duration? Can anyone clarify on what each one means?
Resolved. Whether or not it is annualized or non-annualized depends on the periodicity of the YTM you are changing.
What is the difference between annualized modified duration and modified duration? Can anyone clarify on what each one means?
Resolved. Whether or not it is annualized or non-annualized depends on the periodicity of the YTM you are changing.