- UID
- 223284
- 帖子
- 248
- 主题
- 116
- 注册时间
- 2011-7-11
- 最后登录
- 2013-8-23
|
This is the question about the effective interest rate on the interest rate collar.
Why did they use 360 days to annualized the effective rate? Every example in the texts states that the formula should be annualized using 365 days.
Any help would be appreciated.
best,
TheChad |
|