id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3737	Heck, Jean L.; Zivney, Terry L.; Modani, Naval K.	A Simplified Approach to Measuring Bond Duration	1995	10	.pdf	application/pdf	3787	210	68	In a book written for the National Bureau of Economic Research in 1938, Frederick Macaulay first developed the concept of bond duration, Duration basically measures the weighted average amount of time it takes to receive the present value of cash flows from a bond. Bond duration is less than term to maturity; 2.	cache/fsr-3737.pdf	txt/fsr-3737.txt