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%.
Reduced price volatility. Greater cash inflow resulting from the premium bond reduces the bondâs duration, which is a measure of the price sensitivity. Generally, the lower the duration (expressed in years), the lower the interest rate risk of the bond price. More stability in a rising interest rate environment.