Chapter 9 (DY and BEY Formulas)

Chapter 9 (DY and BEY Formulas) - to Days BEY 1 value Face...

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Discount Yield and Bond Equivalent Yield (BEY) Formulas = Yield Discount x 360 Maturity to Days 1 x Value Face Price yield Discount x maturity to Days 360 yield Discount x 365 BEY = 365 maturity to Days BEY 360 BEY yield Discount + × × = maturity to Days 365 ) 1 Price value Face ( BEY × = 365 maturity /
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Unformatted text preview: to Days BEY 1 value Face Price + = Maturity to Days 360 Value Face Price 1 Yield Discount = Prices Yields Discount Yield and BEY FIN355-Chapter 9 Instructor: Shuming Liu...
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