#### mhkpayel20

##### New Member

@David Harper CFA FRM

Hi, I am really confused about the formula of the lease rate that is given in the book (page 139) and the one that is given in the study notes (page 12, P1, T3). the reason for my confusion is when I followed the formula from the book, I got a different result compared to the result that I got from using your formula (used formulas to end of chapter question no: 11.14 ). Can you please clarify this? Thanks.

N.B: Formulas also different from each other. But when I used with the example given in the book (6months maturity) results are approximately similar

Hi, I am really confused about the formula of the lease rate that is given in the book (page 139) and the one that is given in the study notes (page 12, P1, T3). the reason for my confusion is when I followed the formula from the book, I got a different result compared to the result that I got from using your formula (used formulas to end of chapter question no: 11.14 ). Can you please clarify this? Thanks.

N.B: Formulas also different from each other. But when I used with the example given in the book (6months maturity) results are approximately similar