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- 2013-10-9
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Fixed income...whats the norm..annual or semi annual when no
In a question where its not mentioned specifically that bond payment is annual or semi annual…does one take it as semi annual or annual to be the norm?
Consider a 10 year, 5 percent bond priced at 1028 . What is the YTM?
Here in the answer N is taken as 20 and pmt as 25 all the while supposing that its semi annual….why?? |
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发表于 2013-4-4 07:38
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