Interest Rate Futures (Hull Chapter 6) - Practice question 1

[Alex0607]

Hello,

Could anyone please provide explanation to Question 1 (page 88) about French money market instrument?

The explanation in the Answer section on the next page is not clear.

Thank you in advance

 

[Nicole Seaman]

Hello @Alex0607

It looks like you are referring to the study notes, which does not provide a link to the actual practice question. However, this question is also located in the corresponding question set for Hull Chapter 6 on page 131. It is always helpful for you to click on the forum link provided in the practice question set. This link will bring you to the original forum question, where your answer may have already been answered. If it has not been answered, however, you can post your question under that specific link and David or another member can answer the question for you there. We ask that you do this because it is difficult for anyone to answer this question without having to first search for the question set or study notes that you are referring to.

The link that goes along with this specific question is here: http://forum.bionicturtle.com/threads/l1-t3-168-day-count-conventions.4553/. Please ask your question under this link if it has not already been answered in the comments that are already there.

Thanks!

Nicole

 

[Alex0607]

Thank you, Nicole, you are right. This question has been covered in the practice set and the following discussion in the forum.

Thanks for your help.

Alex