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- 2011-5-25
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- 2012-9-12
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I have always been of the mind that you /2 for LIBOR only as simple compounding is being used by definition (i.e. in FRA's, interest rate options etc.)
For spot rates & forward rates, these work with compounding therefore you must ^2 or ^(1/2) |
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发表于 2011-7-13 13:16
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