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.
Master accrued interest calculations for corporate, municipal, and government bonds using 30/360 and actual/365 day-count conventions. Essential for Series 7 Exam preparation.
Master the intricacies of accrued interest calculations in bond pricing. Learn how to determine day count conventions, calculate accrued days, and compute accrued interest to ensure accurate bond transactions.
Explore the differences between clean and dirty prices in bond trading, understand their calculation, importance in transactions, and market practices.