Explore the intricacies of the Actual/Actual (ACT/ACT) day count convention in bond pricing, including its definition, calculation method, and practical applications in the bond market.
Master the intricacies of day count conventions, including the 30/360 method, and their critical role in bond pricing and yield calculations. Learn how these conventions affect investment strategies and pricing accuracy in the fixed income markets.
Explore the critical role of day count conventions in bond calculations, including accrued interest, pricing, and yield calculations, and understand their impact on market compliance and communication.
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