Good Morning David,
Thanks for the previous explanation. The spreadsheets are providing a very high level of interpretation to the concepts.
I have a new query on Effective Duration today. In the Fixed Income Video 1, @ 71.59 minutes, I have understood the concept - but failed to generate the value of V_580 bps and V_620 bps. How did you calculate the values as 864.86 and 837.85?
Please help me understand this small part. Other than that, everything is fine in this LOS.
Thanks, Avi
Thanks for the previous explanation. The spreadsheets are providing a very high level of interpretation to the concepts.
I have a new query on Effective Duration today. In the Fixed Income Video 1, @ 71.59 minutes, I have understood the concept - but failed to generate the value of V_580 bps and V_620 bps. How did you calculate the values as 864.86 and 837.85?
Please help me understand this small part. Other than that, everything is fine in this LOS.
Thanks, Avi