Hopefully this is the right forum to post actual questions in relation to the material.
I wanted to know whether a 6 month Holding Period Yield would essentially be the same thing as the semi annual discount rate or the effective semi annual yield.
So for example: in trying to find Bond Equivalent Yield (2 * semi annual discount rate), you could instead just do 2 * (6 month HPY).
Edited 1 time(s). Last edit at Thursday, February 3, 2011 at 08:11PM by ajc3388.作者: smartpants 时间: 2011-7-13 13:34
Yes, I think so.
Semi annual discount rate is same as 6 month HPY and also same as EAY compounded for half a year.
