返回列表 发帖

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?

返回列表