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Guess the duration of the following investment Is it less than two years two to three years three to four years or greater than four years After your guess use a discount rate of 6 percent and

Guess the duration of the following investment. Is it less than two years, two to three years, three to four years, or greater than four years? After your guess, use a discount rate of 6 percent and calculate the PV of the cash flows and then duration. Years from now 1 2 3 4 Cash flow $ 0 $ 1,000 $ 5,000 $ 2,000
 

May 02 2020 View more View Less

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