标题: How to find the Fair Market Value of GIC? [打印本页] 作者: rkapoor 时间: 2011-10-3 00:43 标题: How to find the Fair Market Value of GIC?
Been tasked with calculating the Fair Market Value of a 3 year GIC at work that currently has 2.5 years left. This is what I think I should do:
1) Calculate the FV of the GIC in 2.5 years
2) Ask the FI on what the interest rate would be on current 2.5 year GIC's
3) Use the rate in (2) as the discount rate and discount the FV calculated in (1) back 2.5 years
What do you guys think?作者: ASSet_MANagemen 时间: 2011-10-3 00:48
ks112 Wrote:
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> Been tasked with calculating the Fair Market Value
> of a 3 year GIC at work that currently has 2.5
> years left. This is what I think I should do:
>
> 1) Calculate the FV of the GIC in 2.5 years
> 2) Ask the FI on what the interest rate would be
> on current 2.5 year GIC's
> 3) Use the rate in (2) as the discount rate and
> discount the FV calculated in (1) back 2.5 years
>
> What do you guys think?
I agree.作者: cjs238 时间: 2011-10-3 00:54
nah nah you forgot you gotta carry the 1作者: soverby 时间: 2011-10-3 00:59
Carry the 1?作者: tango_gs 时间: 2011-10-3 01:05
GIC valuation depends on existing interest rates
A 3 year GIC , in 2.5 years is nothing but a 180 day bond / bill as on today.
You have Future Value ( Face Value + 3 Year Int to be received ), Int Rates ( see the yeild curve for 180 days as on today), you have the time remaining, Calculate Present Value.
