| UID223225 帖子495 主题146 注册时间2011-7-11 最后登录2013-10-8 
 | 
For those who have written level one already/before 
| How clear are they usually when it comes to compounding/stating rates? What I mean is how explicit are they when it comes to things such as semi/annual compounding. Some sources say assume semi for bonds unless otherwise stated, some say assume annual unless otherwise stated….
 and
 Spot rates/forwards; are they assumed as yearly/annual or in a composition where stated rate = annual, but 1 year consist of 2 periods? (so /2)
 | 
 |