Calculate the duration for the following cash flows of an investment. Given the market interest rates are 10%. Year 1 2 3 4 5 7 8 Cash flow 140 150 160 170 180 190 200 250

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 10EB: You have been depositing money into an account yearly based on the following investment amounts,...
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Calculate the duration for the following cash flows of an investment. Given
the market interest rates are 10%.
Year
1
2
3
4
7
8
Cash flow
140
150
160
170
180
190
200
250
Transcribed Image Text:Calculate the duration for the following cash flows of an investment. Given the market interest rates are 10%. Year 1 2 3 4 7 8 Cash flow 140 150 160 170 180 190 200 250
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