If the discount rate is 8 what is the duration of this set
A pension fund must pay out $1 million next year, $2 million the following year, and then $3 million the year after that. If the discount rate is 8%, what is the duration of this set of payments? Please show work
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a pension fund must pay out 1 million next year 2 million the following year and then 3 million the year after that if
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