Macaulay duration vs investment appraisal duration

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

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November 22, 2014 at 10:53 pm #212285
BrianH
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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
November 23, 2014 at 11:20 am #212365
John Moffat
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Thanks for that Elia-Shar-eK
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