Yield and Yield Spread Measures for Floating Rate Instruments (2024 CFA® Level I Exam - FI - LM 8)
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- čas přidán 20. 11. 2023
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Topic 7 - Fixed Income
Learning Module 8 - Yield and Yield Spread Measures for Floating Rate Instruments
- LOS : Calculate and interpret yield spread measures for floating-rate instruments.
- LOS : Calculate and interpret yield measures for money market instruments.
In the last example, if you use all the decimals for the PV (99.99166667) not just 99.99, then the AOR is 0,000506 = 0,0506%. and in that case the correct answer is that the best option is the Bank Certificate 0,06% BEY
For DR, The denominator is FV, not PV. So we cannot use F/P-1
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