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Kenand Co

SSaimon6y ago
Requirement a(ii) Calculate Macaulay duration In the answer examiner have calculated IRR for XY Co. and then calculated PV of cash flow using that IRR what i did was used the PV calculated in requirement a(i) and used it in Macaulay duration calculation in both way result is same I want confirm, the way i did the calculation is right or not as my method is totally different from examiner
John MoffatJohn MoffatTutor6y ago#1
Either way is fine for the exam :-)
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