commandermk
New Member
Hi,
I am just reading Schweser book 2 on do the exercise on p. 87.
I am struggling with the calculation of the floating bond value. Is there anyone who can give me further information on that. We have several cash flows, why do we only consider the first one (1 Mio * 5% /3) and why do we choose 5,4% as discount rate?
Many thanks,
Michael
I am just reading Schweser book 2 on do the exercise on p. 87.
I am struggling with the calculation of the floating bond value. Is there anyone who can give me further information on that. We have several cash flows, why do we only consider the first one (1 Mio * 5% /3) and why do we choose 5,4% as discount rate?
Many thanks,
Michael
