Board logo

标题: Annual or Semi-annual ? [打印本页]

作者: MeteorShower    时间: 2011-7-11 19:42     标题: Annual or Semi-annual ?

Friends,
If the question doesn't mentioned about periods as annual / semi-annual for PV calculation, Should we assume by default as Semi-annual? Is there any general guidelines ?

thanks folks..
作者: draz    时间: 2011-7-11 19:42

For most bonds, I would say semi-annual is the convention. For other TVM questions, it would have to be specified....
作者: shootingstar    时间: 2011-7-11 19:42

If it doesn't say it in the question I would assume semi-annual. Almost all corporates, treasuries, and munis are semi annual pay. Calculate Zero Coups as semi-annual as well.
作者: homie    时间: 2011-7-11 19:42

Thaks Guys.




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2