Compute the simple weighted average life for the following data. Use an approach similar to that in

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Compute the simple weighted average life for the following data. Use an approach similar to that in Table 18–1 on page 468.

Year

Cash Flow

1

$ 105

2

105

3

105

4

105

5

105

5

$1,000

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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