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Consider the following cashflow. Now is time t = 0 , with time measure in years. There will be 6 annual payments of 1 0
Consider the following cashflow. Now is time with time measure in years. There will be annual payments of each, starting with the first payment at At there will be a payment of Assuming the current term structure is flat at what is the Macaulay duration of the cashflow?
Consider the following cashflow. Now is time with time measure in years.
There will be annual payments of each, starting with the first payment at
At there will be a payment of
Assuming the current term structure is flat at what is the Macaulay
duration of the cashflow?
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