标题: Final Query - 2 versions of HPY-BEY [打印本页] 作者: sdada 时间: 2013-8-9 09:11 标题: Final Query - 2 versions of HPY-BEY
Schweser have provided two formulas for converting a HPY into a BEY as below. Assume the HPY is for a period of 30 days
1) BEY= HPY*365/30
2) BEY = HPY^(6) * 2
I personally agree with the second formula as it converts the HPY to an effective semi annual yield. I would hugely appreciate it if anyone could clarify this for me.作者: Carson 时间: 2013-8-9 09:11
I’m not working today.
The first shows up in Corporate Finance, and it’s wrong. Use it only in Corporate Finance.作者: Swanand 时间: 2013-8-9 09:11
