For individual investors, duration is primarily used as a measure of a bond fundâs sensitivity to prevailing interest rates. It's defined as the weighted average of the payments an investor will receive over time, discounted to the bond's present value.
Minidoka County is a county located in the U.S. state of Idaho. As of the 2010 census, the population was 20,069. The county seat and largest city is Rupert. Minidoka County is part of the Burley, ID Micropolitan Statistical Area. The name Minidoka is of Dakota Sioux origin meaning a fountain or spring of water.. Minidoka was first used in 1883 as a name for the Union Pacific 's Oregon Short Line, a railroad spur in the middle of the Snake River Plain.
Ashton is a city in Fremont County, Idaho, United States. It is part of the Rexburg, Idaho Micropolitan Statistical Area. The population was 1,129 at the 2000 census. The district is noted for seed potato production and bills itself as the world's largest seed potato growing area. Ashton is located at 44Â°4â²20â³N 111Â°26â²52â³W / 44.07222Â°N 111.44778Â°W / 44.07222; -111.44778 (44.072092, -111.447858). It is at an elevation of 5,260 feet (1,600 m). According to the United States Census Bureau, the city has a total area of 0.6 square miles (1.4 kmÂ²), all of it land.