以下是引用Dong86在2008-12-10 7:47:00的发言：
I thought you just divide the discount rate (which is the same as YTM) by two to get the semi-annual discount rate (which is semi-annual YTM). Even though you're given discount rate, but a zero-coupon bond should still technically be calculated on a semi-annual coupon-paying basis. Well, I could be wrong. Agree, Zero-coupon bond should calculated based on semi-annual rate, which is Annual YTM/2 | 
发表于 2008-12-11 05:32
|