Urgh… this seems so pointless (LOS 23.e)… I thought we were done with long winded calculations at level 2????
On a scale of 1 to 10 how important does anyone think this topic is?
BEY yield on a bond but calculation involves the principal component, then the coupon THEN everying thing is added and de-semi annualised…
So many sources of calculator keystroke errors and also after all that you could still get it wrong if you calculate say an EAR instead of a BEY…
发表于 2013-4-22 09:57
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