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| Chapter 10 - Money Markets |
| 162 |
Under Money Market Yield the first equation should read:
| = |
$5,000.00 |
= 0.005025126 = 0.5025% |
| $995,000.00 |
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| 162 |
Under Money Market Yield the final sentence before the equation should read:
Factored up to a 360 day year we calculate a money market yield of
3.015%
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| 165 |
In the example the sentence should read
... we calculate a Money Market Yield of
3.000% and an ask yield of 3.027%
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