ishfaque

hi! thx for your answer.

but, actually when doing FI calcs with our TI-BA II, to find the PV of a level-coupon bond for example we're doing the following.

say we have a bond with quarerly coupon PMTs @ r% p.a.

N=T*4
I/Y=r/4

which is actually PV= .... + (FACE+coupon) / (1+r/4)^N
with 1/4 = 90/360
--> PV= ... + (FACE+coupon) / (1+r*90/360)^N

which should conceptually not be different from my earlier post.
i think it's starting to mess with my head :/



Edited 1 time(s). Last edit at Tuesday, March 16, 2010 at 07:57PM by chefe_.