Dollar duration of zero coupon bond

[dajieda0]

you are the best!!! thanks soooo much!!! you've saved me a lot of time!!! TNX!!! Better than textbooks!!!

[bionicturtledotcom]

@the8thbit both mac and mod are in years, but the slope of the line is neither of these; e.g., in the above the dollar duration is like 600. Mod duration is not the slope of the line but the slope of the line divided by price

[djactur]

what course can i go to in university to that studies about bonds, assests, interest rates, commoditiy trading?

[samiwistler]

Nice vid, thanks.

[Jakers2009]

Ok - thanks David... your right my questions didn't make sense so I have removed... sorry for any inconvenience and I love your videos they are very informative... I would like to take some exams on the sort of things you study... does the bionic turtle provide this?

[bionicturtledotcom]

no worries...if you click to my channel, it has a link (top bannner) to our site. We help prep FRM candidates.

[bionicturtledotcom]

the 1st derivative is the slope of the tangent line, so it is is nonlinear. As is the formula: dP/dy above is nonlinear - David

[Jakers2009]

Is this because the first derivative is the gradient function?

[bionicturtledotcom]

Jakers2009 - I finally listened to my own video b/c of your question. Your question makes no sense, i never said the 1st derivative is a straight line. I say like three times that the 1st derivative is the slope of the tangent line...gradient?...there is no need to go with technical overkill...David

[michaeldcampion]

Do 30 year zero coupon bonds exist?  Someone made a killing recently if they do! :D