CEU stands for Continuing Education Unit. A CEU is a unit of credit equal to ten hours of participation in an. accredited program designed for professionals with certificates or licenses to practice various professions . Examples of people who need CEUs include engineers, lawyers, CPAs, educators, nurses, architects, mental.
Investors can use duration to help estimate how a bond or bond fund's value would be affected by a change in interest rates. For example, a bond with a duration of 5 years would be expected to rise 5% in value for every 1-percentage-point decline in interest rates (remember that interest rates and bond prices move in opposite directions). If interest rates go up by one percentage point, the bond's value would be expected to drop 5%.
If we drew the diagram for the two year bond there would. be a much large cash flow (the $100 principal) at year 2 and this is what pushes the Macaulay duration (the. fulcrum on the balance beam) out to 1.96 years for the two year coupon bond.