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You have 4 friends that each owe you money, shown in the table below. Assume the yield to maturity for all four debts is

Posted: Mon Nov 15, 2021 5:12 pm
by answerhappygod
You have 4 friends that each owe you money, shown in the table
below. Assume the yield to maturity for all four debts is 17.28%.
Friends Amount_Owed Debt_Due Kane Dillon R5910 3 years Rihana
Carter R9370 1 years Jordynne Wilson R7150 4 years Saleem al-Adel
R7140 2 yea Calculate the Macaulay Duration of debt portfolio. A)
2.1568 years B) 1.8117 years C) 1.4235 years D) 2.5882 years E)
2.4911 years