At first, I thought BEY=2*semiannual dicount rate until I saw an example in the notes asking for the calculations for “BEY and the yield on a semiannual bond basis” on page 56 in the Fixed Income notes. Is “semiannual dicount rate” different from the “yield on a semiannual bond basis”? Any help would be much appreciated!!
dududu100:
At first, I thought BEY=2*semiannual dicount rate until I saw an example in the notes asking for the calculations for “BEY and the yield on a semiannual bond basis” on page 56 in the Fixed Income notes. Is “semiannual dicount rate” different from the “yield on a semiannual bond basis”? Any help would be much appreciated!!
" Yield on a semiannual bond basis " is a disgusting phrase; people who use is should be banished to desert islands. More generally, " on a basis " should be banned, its use punished by fines, imprisonment, or, as suggested above, banishment. Learn to use adverbs people!
(This isn’t directed at you, dududu; I realize that you were simply quoting some Visigoth.)
BEY = 2 × semiannual effective yield
S2000magician:
dududu100:
At first, I thought BEY=2*semiannual dicount rate until I saw an example in the notes asking for the calculations for “BEY and the yield on a semiannual bond basis” on page 56 in the Fixed Income notes. Is “semiannual dicount rate” different from the “yield on a semiannual bond basis”? Any help would be much appreciated!!
" Yield on a semiannual bond basis " is a disgusting phrase; people who use is should be banished to desert islands. More generally, " on a basis " should be banned, its use punished by fines, imprisonment, or, as suggested above, banishment. Learn to use adverbs people!
(This isn’t directed at you, dududu; I realize that you were simply quoting some Visigoth.)
BEY = 2 × semiannual effective yield
S2000, Im sorry but Im not sure I got this point.
On my Schweser book I have a question asking: " The yield of this bond on a semmiannual-bond basis is:…"
If the question was: The yield of this bond on a bond equivalent yield is…
would it have the same meaning? so BEY = semmianua-bond basis??
Sorry for the stupid question… my english isnt so good
Yes: that awful expression (“yield of this bond on a semmiannual-bond basis”) means BEY.
S2000magician:
dududu100:
At first, I thought BEY=2*semiannual dicount rate until I saw an example in the notes asking for the calculations for “BEY and the yield on a semiannual bond basis” on page 56 in the Fixed Income notes. Is “semiannual dicount rate” different from the “yield on a semiannual bond basis”? Any help would be much appreciated!!
" Yield on a semiannual bond basis " is a disgusting phrase; people who use is should be banished to desert islands. More generally, " on a basis " should be banned, its use punished by fines, imprisonment, or, as suggested above, banishment. Learn to use adverbs people!
(This isn’t directed at you, dududu; I realize that you were simply quoting some Visigoth.)
BEY = 2 × semiannual effective yield
good form, Magician! bravo
