In many ways, bonds are more complex than stocks. Investors use a host of different metrics to evaluate bond investments, and one involves a concept known as duration, which helps an investor ...
Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education ...
If your employee punches a time clock, it saves you monitoring when they check in and out of the job. When it comes time to calculate payroll, figuring the hours for a 9 a.m. to 5 p.m. workday with an ...
Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...
Microsoft Excel can be used for budget calculations, Tax calculations and for many other purposes. You can use it as another form of calculator due to the features it provides us. You can even make ...
Some employers – particularly those with large payrolls – use a computerized timekeeping system, which transfers employees' time worked into a payroll software and eliminates manual calculation.
Modified duration shows bond price sensitivity to yield changes; a 1.859% price change per 1% yield shift. Macauley duration measures average time to receive bond cash flows, key for calculating ...