NO.PZ2018062010000027
问题如下:
The discount rate of a 180-day banker’s acceptance for a 360-day year quoted at a bond equivalent yield of 6.72% is closest to:
选项:
A.6.62%
B.6.51%
C.6.42%
解释:
C is correct.
Bond equivalent yield (BEY) for money market security is yield stated on a 365-day add-on rate basis.
PV=96.79
PV=100*[1-(180/360)*discount rate]=96.79
discount rate=0.0642
这个货币市场工具的bey我总是计算不来。。。能不能详细讲讲啊感谢。