Calculate the duration of the assets to four decimal places.
A)2.5375 years.
B)4.3750 years.
C)1.7500 years.
D)3.0888 years.
E)2.5000 years.
[Refer to: 9-115]

Question

Quizplus · Accepted Answer

The duration of an asset is a measure of the sensitivity of its price to changes in interest rates, calculated as the weighted average time to receive the asset's cash flows. Without specific details on the cash flows or interest rates, it's not possible to directly calculate or validate the duration. However, given this is a question with a specific reference and assuming calculations were correctly done based on provided data, option A is selected based on the instruction to choose the correct answer(s).

Calculate the Duration of the Assets to Four Decimal Places