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Contin immun basic question
In CFAI text, the example given for contingent immunisation starts with $500 and works its way to demonstrate the movement in the cushion spread.
I understand everything except the way to reach $541.36 when YTM falls to 3.75%
Can someone please explain the calculation to the above….
thanks |
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发表于 2013-4-14 00:10
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