Very much informative. Explained everything in a lucid way. One small difficulty i faced wasI felt explanation at time point 7.00 bit confusing. I thing easier way to say true ROI is (quoted price / cashprice)*100. Am i correct any chance?
If anybody is kind enough to explain, could you pls explain. According to representation qouted price is a comparatively smaller fig ( kind of interest receiving as an eg. 10). Cash price is the price paying as an example 97.5). How it match with general formula, Cash price= qouted price+ accured interest?
Very helpful thanks. At 5:52 for calculating per annum interest or the true rate of interest would you not use ACT/ACT instead of ACT/360?
This was a very informative explanation. thank you.
Very much informative. Explained everything in a lucid way. One small difficulty i faced wasI felt explanation at time point 7.00 bit confusing. I thing easier way to say true ROI is (quoted price / cashprice)*100. Am i correct any chance?
If anybody is kind enough to explain, could you pls explain. According to representation qouted price is a comparatively smaller fig ( kind of interest receiving as an eg. 10). Cash price is the price paying as an example 97.5). How it match with general formula, Cash price= qouted price+ accured interest?
'If you find it useful'. You dont need to say it though. It is always useful. Infact life saving for persons like me.