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- UID
- 223362
- 帖子
- 241
- 主题
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- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-5
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currency forward, less than a year
If we are given annual interest rates for a six month currency forward, do we effect the rate by multiplying by .5, or do we raise it ^5? I guess that if the rate is given as compounded we us ^.5, but can we make that assumption either way?
I guess same question would apply to multi year forward, is the convention to multiply by the fraction or take the exponent?
thx |
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发表于 2011-7-11 19:51
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