Question
2. A bond pays a 5% quarterly on a 30/360 basis. (a) What yield on an actual/360 basis is equivalent to the 5% yield on
2. A bond pays a 5% quarterly on a 30/360 basis.
(a) What yield on an actual/360 basis is equivalent to the 5% yield on a 30/360 basis when the coupon period is 89 days?
(b) What is the mortgage equivalent yield of a quarterly paying bond with a 5% yield?
can someone explain this in detail please, I am really confused on how to calculate interest using different day counts
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volumeup I understand youre confused about calculating interest using different day count conventions Ill explain how to solve the parts of your question and clarify the concepts involved Understanding Day Count Conventions 30360This convention ...
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Applied Regression Analysis And Other Multivariable Methods
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
5th Edition
1285051084, 978-1285963754, 128596375X, 978-1285051086
