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标题: Question 21 in sample 2 [打印本页]

作者: btcapital    时间: 2013-4-7 10:24     标题: Question 21 in sample 2

This is the question about the effective interest rate on the interest rate collar.
Why did they use 360 days to annualized the effective rate? Every example in the texts states that the formula should be annualized using 365 days.
Any help would be appreciated.
best,
TheChad
作者: Windjammer    时间: 2013-4-7 10:26

Pretty sure it is a screw up.




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