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So I searched the forum and couldn't find an answer to this, which obviously does not mean I didn't miss it. I found one of your videos in a link that describes it as a Par Yield Coupon, which makes a whole lot more sense to me. You usually use discount factors of .5, 1, 1.5, and 2. I am...

Thanks again for your prompt reply. I have found a few other seemingly vague questions, and try to reverse engineer them if needed without spending too much time on them. I value all of the questions from your question sets though, because for me that is the best way to learn the content. I...

I have tried searching the forums but I cannot figure out where to post a question like this nor if it has been posted before. This is on page 51 of the practice question set. I'm confused with this answer. I thought the geometric mean would be, ((4th root (1.08*.92*1.12*.88))-1 = -.0052...