On page 145, Schweser says HPY=MM Return*(t/360) Can some one please explain this? Thanks in advance Sami
since MM=(HPY)(360/t) just basic algebra to get HPY = MM *(t/360)
On page 145, Schweser says HPY=MM Return*(t/360) Can some one please explain this? Thanks in advance Sami
since MM=(HPY)(360/t) just basic algebra to get HPY = MM *(t/360)