reflexive knowledge. Knowledge used to broadly examine the assumptions, context, and moral-value positions of basic or applied social. research, including the research process itself and the. implications of what is learned; What are the implications of. reflexive knowledge for moral principles, such as justice,
Duration is defined as the length of time that something lasts. When a film lasts for two hours, this is an example of a time when the film has a two hour duration. duration. duration.
modified duration. Definition. A measure of the price sensitivity of a bond to interest rate movements. Equal to the Macaulay Duration divided by (1+ (bond yield/k)) where k is the number of compounding periods per year. It is therefore inversely proportional to the approximate percentage change in price for a given change in yield.