PDF-Macaulay Duration ARC Workshop for BUS By Yun Xu Macaulay Duration What is the Macaulay Duration The Macaulay Duration Dm of a collection of cash flows CFjis a weighted average mean of times periods

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PDF-Macaulay Duration ARC Workshop for BUS By Yun Xu Macaulay Duration What is the Macaulay Duration The Macaulay Duration Dm of a collection of cash flows CFjis a weighted average mean of times periods thumbnail
It can be thought of as the average economic life time balance point of a collection of cash flows brPage 3br Macaulay Duration Formula brPage 4br Macaulay Duration

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