Question
An investment is made today that is expected to return $6000 in 3 years and $3000 in 5 years. If j 4 = 8%, what
An investment is made today that is expected to return $6000 in 3 years and $3000 in 5 years.
If j4 = 8%, what is the Macaulay duration of this investment?
- A.
Less than 3 years
- B.
At least 6 years
- C.
At least 4.5 years, but less than 6 years
- D.
At least 3 years, but less than 4.5 years
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
