top of page
Search


MS Excel: MDURATION function for modified Macaulay
The MDURATION function in Excel calculates the modified Macaulay duration of a security (such as a bond) that pays periodic interest.
In simple words:MDURATION measures the price sensitivity of a bond to changes in interest rates, adjusting for how often the bond pays interest.
It’s mainly used by investors, portfolio managers, and financial analysts to assess interest rate risk.

Fakhriddinbek
Apr 272 min read
bottom of page