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| rev | Admin | (Created page with "A common stock pays a constant dividend at the end of each year into perpetuity. Using an annual effective interest rate of 10%, calculate the Macaulay duration of the stock. <ul class="mw-excansopts"><li>7 years</li><li>9 years</li><li>11 years</li><li>19 years</li><li>27 years</li></ul> {{soacopyright | 2023 }}") | Nov 20'23 at 0:22 | +317 |