(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
Line 1: |
Line 1: |
| An amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period, rather than per annum.
| | The set of all possible items. |
| | |
| | |
| In relation to periodic yields (r):
| |
| | |
| r = R x days / year
| |
| | |
| | |
| ''Where:''
| |
| | |
| r = periodic yield
| |
| | |
| R = nominal annual yield
| |
| | |
| days = actual number of days in the period under review
| |
| | |
| year = number of days in a conventional year
| |
| | |
| | |
| <span style="color:#4B0082">'''Example'''</span>
| |
| | |
| Interest is quoted at a market rate of 4% in USD, for 90 days maturity.
| |
| | |
| | |
| R = nominal annual yield = 0.04 (= 4%)
| |
| | |
| days = actual number of days in the period under review = 90
| |
| | |
| year = number of days in a conventional year = 360 for USD
| |
| | |
| | |
| Periodic yield = 0.04 x 90 / 360
| |
| | |
| = 0.01 (= 1%)
| |
| | |
| | |
| ''This is the periodic yield per 90 days in USD.''
| |
|
| |
|
| | == See also == |
| | * [[Sample]] |
| | * [[Sampling]] |
| | * [[Statistical inference]] |
| | |
|
| |
|
|
| |
| == See also ==
| |
| * [[ACT/360]]
| |
| * [[ACT/365]]
| |
| * [[Conventional year]]
| |
| * [[Discount rate]]
| |
| * [[Rate of return]]
| |
Revision as of 14:20, 23 October 2012
The set of all possible items.
See also