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Calculate the macaulay duration of your debt

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Reference no: EM132771123

Question - Four friends owe me money.

Friends Amount_Owed Debt_Due

A R3000 6 years

B R2400 12 years

Y R5100 9 years

Z R9400 1 years

Assuming a yield to maturity of 17.37%, calculate the Macaulay duration of your debt.

Reference no: EM132771123

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