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Why did you put $101 in the pr ? Just curious
Thank you so much
If par is $40million, what should the redemption value be as an input into the formula?
redemption value is exactly the par value. it would exactly be the same 40 million in the formula. from my understanding
Does this function calculate only $ 100?
It seems like that. I just had to convert actual price/face value into 100 mark basis to arrive at the yield I was looking for.
Why did you put $101 in the pr ? Just curious
Thank you so much
If par is $40million, what should the redemption value be as an input into the formula?
redemption value is exactly the par value. it would exactly be the same 40 million in the formula. from my understanding
Does this function calculate only $ 100?
It seems like that. I just had to convert actual price/face value into 100 mark basis to arrive at the yield I was looking for.