标题: Schweser practice exam 3 afternoon [打印本页] 作者: John10 时间: 2011-7-11 19:37 标题: Schweser practice exam 3 afternoon
question number 13.2
why do you calculate the required terminal value assuming a semi-annual rate?
i know the bond they purchase is paid semi-annually but they want to return 6% over next 5 years dont get why its compunded over 10 periods作者: strikethree 时间: 2011-7-11 19:37
They are investing in semi-annual coupon bonds, so you will use semi-annual in all calculations.
Edited 1 time(s). Last edit at Sunday, May 23, 2010 at 10:40PM by steph96.