Question 7 - PArt C
Why do they divide the interest rate differential by 2?
They go:
( 5% - 2.5% ) / 2 = 1.25%
Question 7 - PArt C
Why do they divide the interest rate differential by 2?
They go:
( 5% - 2.5% ) / 2 = 1.25%
6 months is why…whoops
I overlooked it, too