Calculation of Macaulay duration using BA II STUDENT version calculator

CFA Level I
#1

What is the easiest way to calculate Macaulay duration using Texas instrumens’ BA II Plus STUDENT version calculator?

Thanks

#2

I was talking with an old PM years ago who mentioned the CF worksheet to me. I thought it was quite inspired!!!

#3

Here is a simple example:

Screenshot_20210813-222757-01
Screenshot_20210813-222757-011440×1010 172 KB

Also if they give you Modified Duration in a problem set, you can calculate Macaulay Duration as:

Macaulay Duration = Modified Duration x (1+y)

Cheers you got this :+1:

#4

Thank you both

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