Function to calculate the duration of a bond.
bonddur()Duration of a bond.
The user inputs are as follows: Face Value: to be entered in numbers for e.g. 1200.50 Coupon rate: percent per annum Discount rate: percent per annum Maturity: number of years Note: Clicking on the '+' and '-' respectively increases and decreases the value. Coupon Payments: chosen amongst Quarterly/Semi-annual/Annual Frequency of rates: chosen amongst continuous/same as coupon/annual Duration formula: chosen between Macaulay and Modified
John C. Hull, "Options, Futures, and Other Derivatives", 8/E, Prentice Hall, 2012.