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Assume that you conduct a relative value trade and close it out after 30 days. Your 30-day return is 1.12%. Annualize this return as an
Assume that you conduct a relative value trade and close it out after 30 days. Your 30-day return is 1.12%. Annualize this return as an effective annual yield (EAY). Assume that a year has 365 days. State as a percent, but without the percent sign. So, for example, if your answer was 0.1053, which is 10.53%, you would answer 10.53
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