Here is what I get in Excel:
The above matches what David gets in his video. I am searching for an single interest rate in column H that makes the sum of the discounted Cash Flows the same as on the left, $98.39.
My problem is when I put the following into the calculator:
N=4
PV= -$98.39...
Hello All,
Reviewing one of David's video and there is a very basic example of a bond.
2 years, 6% coupon, Semi-Annual Payments, $100 Face Value.
Spot rates are:
5%, 5.8%, 6.4%, and 6.8% for .5, 1, 1.5, and 2 years.
Bond values at $98.39. Fine.
Calculate YTM using Goal Seek and come up...
Hi David,
I know the reason is that GARP keeps you way too busy, but the CFA prep courses out there are nowhere near the quality of BT.
Just wishing!
Sixcarbs
Thanks @David Harper CFA FRM,
I am not going anywhere. I'll stick around and try and respond when I know the answer.
BT for life!
Still waiting for you to start offering some BT schwag, shirts and hats etc.
Today is 7 weeks for those that submitted on January 3rd. If we don't hear anything today I presume they don't start reviewing submissions again until Monday.
You would think if they only had 2 people doing this they could review 10/hour. That's 80 per day. I would hope that they have more...
That's word, we pray(pray, pray)
We got to pray
Just for certification today
I said we pray(pray) ah, yeah, pray(pray)
We got to pray
Just to hear something today
That's word, we pray...
Submitted January 3rd, AM. Still waiting.
They say a watched clock never ticks. (For you younger folks, clocks used to have second hands that stuttered around a circle, one tick per second.)
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