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Which one of the following statements correctly describes the weights used in the Macaulay duration calculation? The weight in year t is equal to ____________.
Which one of the following statements correctly describes the weights used in the Macaulay duration calculation? The weight in year t is equal to ____________.
A) The percentage of the total present value of the investment received in year t |
B) the present value of the dollar amount of the investment received in year t |
C) | the percentage of the future value of the investment received in year t |
D )the dollar amount of the investment received in year t |
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