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 UID223321 帖子221 主题123 注册时间2011-7-11 最后登录2013-8-22 
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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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