Suppose a Two-Year 9% P $1.876$ Years:
B) $1.890$

question 24

Multiple Choice

Suppose a two-year 9% p.a.bond with a face value of $100 000 has a yield of 8% p.a.What is the Macaulay duration measure of this bond?

• A) \( 1.876 \) years:
• B) \( 1.890 \) years
• C) \( 2.017 \) years:
• D) \( 2.401 \) years

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Definitions:

Solid-State Drive

A storage device using flash memory with no moving parts, known for its speed compared to traditional hard drives.

Mechanical Hard Drive

A data storage device using magnetic storage to retrieve and store digital information using one or more rigid rapidly rotating disks coated with magnetic material.

Access Time

The time it takes a storage device to locate its stored data.

Milliseconds

Units of time that are equal to one thousandth (1/1000) of a second, often used to measure the time of fast processes.