Macaulay duration and modified duration


An Investment pays 1,000 in three years and 3,000 at the end of year 4. An investor has buy this investment to yield i=.075 annually. Determine the Macaulay duration and modified duration.

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Macaulay duration and modified duration
Reference No:- TGS0873395

Expected delivery within 24 Hours