MyLab Finance with Pearson eText -- Access Card -- for Corporate Finance (Myfinancelab)
MyLab Finance with Pearson eText -- Access Card -- for Corporate Finance (Myfinancelab)
4th Edition
ISBN: 9780134099170
Author: Jonathan Berk, Peter DeMarzo
Publisher: PEARSON
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Chapter 30, Problem 11P
Summary Introduction

To rank: The securities from lowest to highest duration.

Introduction:

The duration of the securities are equal to the weighted average maturity of the cash flow.

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