Technical Appendix
Published • Jul 11, 2011
NobleIDNI7P03W67R08S81
Abstract
Chapter 1: Money Market Interest Rates Equation 1.8, which allows the conversion of a discount rate to an add-on rate when both are quoted for the same day-count convention, is derived by assuming that the cash flows, PV and FV , are the same for each rate quotation.To derive the equation, first rew...
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