Which of the following is not a convention for reporting interest?
A) Prime lending rate
B) idy = [(FV - PV) / FV] × (360 / m)
C) ibey = [(FV - PV) / PV] × (365 / m)
D) Discount yield (DY) method
E) Bond equivalent yield (BEY)
Correct Answer:
Verified
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A)
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