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2. d out of 2 Suppose you work as a financial manager in a food corporation in Oman, the company is planning to build a

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2. d out of 2 Suppose you work as a financial manager in a food corporation in Oman, the company is planning to build a new mall in Salalah. The company has to pay the cost of building this hotel over the next five years on five annual payments as the following table. Year 2020 2021 2022 2024 2023 100 Cash flow 150 150 350 600 Assume the yield the curve is flat at 10 percent Determine the average Macaulay duration (MD) for this five-year payment liability. Select one: a. 1.72 b. 3.72 c. All the given answers in this question are wrong O d. 2.73

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