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Business, 18.08.2019 03:10 Rachelmontes1

Annuity a pays 1 at the beginning of each year for three years. annuity b pays 1 at the beginning of each year for four years. the macaulay duration of annuity a at the time of purchase is 0.93. both annuities offer the same yield rate. calculate the macaulay duration of annuity b at the time of purchase

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Annuity a pays 1 at the beginning of each year for three years. annuity b pays 1 at the beginning of...
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