Question
Assume that you conduct a relative value trade and close it out after 38 days. Your 38-day return is 1.36%. Annualize this return as an
Assume that you conduct a relative value trade and close it out after 38 days. Your 38-day return is 1.36%. Annualize this return as an effective annual yield (EAY). Assume that a year has 365 days. State your answer as a percent.
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The Theory Of Interest
Authors: Friedrich A. Lutz
2nd Edition
1138539074,1351472836
