If you are unfamiliar with the financial concept, be sure to also read the beginning of that wiki page (click here). FWIW, you might also look at the implementation presented in a wallstreetmojo.com article (click here). See ERRATA, posted later. I struggle with bond concepts. So I wil...
Based on a duration of time the monitoring electronic device is at a fixed or an approximately fixed location, the controller electronic device may establish the associations. For example, a maximum distance associated with the associations may increase as the duration of time increases. Alternatively...
DURATION(Returns the Macauley duration for an assumed par value of $100. Duration is defined as the weighted average of the present value of the cash flows and is used as a measure of a bond price's response to changes in yield.) ...