Modeling Question - PIK interest
Trying to model PIK interest and was told to have it accrue daily and compound annually.
Can someone explain what the formula for this would be in excel?
Trying to model PIK interest and was told to have it accrue daily and compound annually.
Can someone explain what the formula for this would be in excel?
+28 | Easiest way to make about $2mm/y | 19 | 1d | |
+26 | VP Level - when to follow up after final round | 10 | 1d | |
+23 | Sr Asso / VP Unemployment Check-in | 6 | 1h | |
+20 | Vista Lateral Associate | 12 | 6h | |
+16 | IB/PE Lifers, Was It Worth It? | 5 | 1d | |
+14 | EBITDA walkdown to cash flow for debt service | 10 | 5d | |
+14 | Anyone here work at 777? | 15 | 3h | |
+14 | Why is Blackstone so dominant? | 9 | 3d | |
+14 | Boss says one thing and does another | 7 | 9h | |
+13 | Public company LBO | 4 | 4h |
Career Resources
Dignissimos rerum accusantium quod et. Odit voluptatem vel deserunt aperiam natus atque. Id veniam voluptas nulla sunt quis quaerat iusto. Est cupiditate magnam aut laudantium culpa. Asperiores ea illum est quisquam natus soluta.
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...