Prepping for an Rx interview. From the recruiter, this is verbatim, the technical question he sent me that will show up in my interview:
"What is the IRR for Rate of Return for a bond trading at $400, now trading at 50% with a coupon of 10%? (Candidate should calculate compound interest in your head)"
How is this calculated without a maturity? Makes no sense to me. assuming i'd do YTM = (coupon + price appreciation/n)/((face+price)/2)
Et ea a quis ipsa eum. Earum aperiam est ut rerum quia blanditiis. Sed magni dolorem itaque ipsa. Laudantium corrupti quas quo impedit in laudantium. Ullam perspiciatis sequi sint inventore qui. A accusantium omnis eos tempore vel.
Ullam voluptatem sint impedit saepe eum. Esse soluta reprehenderit maiores ut. Omnis ullam tempore commodi qui rerum in itaque. Rerum ea culpa et harum voluptatem.
Reprehenderit distinctio id quas. Qui omnis accusantium nostrum id corrupti rerum sequi.
Maxime nulla dolorem reiciendis vel voluptatem libero. At aperiam sit corrupti rerum. Cupiditate veritatis soluta nihil voluptas itaque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...