Hi Sir
There seems to be two types of duration in the p4 syllabus.
One relating to the time to receipt a bonds benefits and one relating to investment appraisal, receiving 50% back.
Can you please advise if there is any links between the two or it is just a confusing coincidence?
Thanks
Ask the Tutor ACCA AFM
Macaulay duration vs investment appraisal duration
Thanks for that Elia-Shar-eK
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