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.
Duration is determined by calculating the present value of the principal and each coupon and then multiplying each result by the period of time before payment is to occur. The concept of duration is used to relate the sensitivity of bond price changes to changes in interest rates. Also called mean term.