The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided. Days to Maturity 17 13 6 5 4 Dollar Value ($ millions) 15 10 25 15 10 Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places. days

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
Dollar Value
($ millions)
17
15
13
6
5
4
10
25
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places.
x =
days
Transcribed Image Text:The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided. Days to Maturity Dollar Value ($ millions) 17 15 13 6 5 4 10 25 15 10 Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds. Round your answer to 2 decimal places. x = days
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