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| Chapter 13 - The Term Structure of Interest Rates |
| 212 |
In section 13.3.1 the final sentence should read:
The 7.9% yield over
three
months is a direct observation.
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| 213 |
In the final set of three equations the first shows the exponent as 1.5 but the .5 is not properly superscripted; the .5 should be up with the 1 as the superscript to (1 + Yd/2)
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TR>
218 |
Question 13-3
Both Bonds should be Hypothetical Resources Bonds rather than Treasury bonds. The yield curve being built is a corporate bond yield curve. For this purpose assume Hypothetical resources is rated AAA.
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