Recent content by Andersxman

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    Undergrad Financial Math - For people who with Financial math related problems.

    Newbee in Financial Math - CDs - calculation of price Pricing a CD Assume that a bank wanted to issue a CD with a total face amount of USD 3,000,000 for 6 months (181 days). The coupon rate that the bank wanted to pay was 3.50% p.a. Currently the market is only demanding a 3.25% p.a. yield...