Answer to Question #54638 in Finance for Eva

Question #54638
The six month and one-year rates are 3% and 4% per annum with semi-annual compounding. Is 3.90% or 3.95% or 3.99% closest to the one-year par yield expressed with semi-annual compounding?
1
Expert's answer
2015-09-19T00:00:43-0400
If the six month and one-year rates are 3% and 4% per annum with semi-annual compounding, then 3.99% is closest to the one-year par yield expressed with semi-annual compounding, because 3.99 is the closest value to 4.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS