Assume that there is a bond that pays $45.00 at the and of year 2, and...
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Assume that there is a bond that pays $45.00 at the and of year 2, and $130.00 at the end of year 6. It sells at a total =$(45.00+130.00). The Macauley duration of the bond is? Answer with two digits decimal accuracy. Assume that there is a bond that pays $45.00 at the and of year 2, and $130.00 at the end of year 6. It sells at a total =$(45.00+130.00). The Macauley duration of the bond is? Answer with two digits decimal accuracy.
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An Introduction to Management Science Quantitative Approach to Decision Making
ISBN: 978-1337406529
15th edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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