Returns the Macauley modified duration for a security with an assumed par value of $100.
Name | Type | Description |
arg1 | any | Is the security's settlement date, expressed as a serial date number. |
arg2 | any | Is the security's maturity date, expressed as a serial date number. |
arg3 | any | Is the security's annual coupon rate. |
arg4 | any | Is the security's annual yield. |
arg5 | any | Is the number of coupon payments per year. |
arg6 | any | Is the type of day count basis to use. |