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 interest rates rise higher than the bondâs rate, the bond will trade at a discount, or below par; if rates fall below the bondâs rate, it will trade at a premium, or above par. Duration is a measure of a bond priceâs sensitivity to a change in interest rates, measured in years.Bonds with longer durations are more sensitive to interest rate changes. If youâre in a bond with a duration of 10 years and rates rise 1%, youâll see a 10% decline in the bondâs price.oupon is another word for the interest rate paid by a bond. For instance, a $1,000 bond with a 6% coupon will pay $60 a year. The word coupon is used because some bonds really had a paper coupon attached to them, which could be redeemed for the payment.