Convert

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Revision as of 11:23, 11 September 2022 by imported>Doug Williamson (Add links.)
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1.

To calculate one financial quantity or measure from another, for example:

  • Calculating zero coupon rates from given forward rates
  • Calculating an equivalent dollar amount from a given euro amount


2.

To exchange one asset or liability for another, for example:

  • Exchanging convertible bonds for equity shares
  • Exchanging one currency for another


See also