I understand the concept of using an exit yield to discount future cashflows under the assumption of a flat yield curve, but can someone explain the concept of using a dynamic or not flat curve? Does this basically entail discounting the future cashflows with different rates as corresponds to maturities across the curve on first day of trading? do you basically interpolate and then do each year by the relevant rate?
Feb 16, 2021Feb 16, 2021
Hedge Fund Interview Course
- 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
- 11 Detailed Sample Pitches and 10+ hours of video.
- Trusted by over 1,000 aspiring hedge fund professionals just like you.
Related Content
See moreTotal Avg Compensation
March 2021 Hedge Fund
-
Vice President (18) $520
-
Director/MD (10) $359
-
Portfolio Manager (7) $297
-
Manager (4) $282
-
3rd+ Year Associate (18) $269
-
2nd Year Associate (26) $251
-
Engineer/Quant (48) $234
-
1st Year Associate (63) $188
-
Analysts (180) $168
-
Intern/Summer Associate (15) $125
-
Junior Trader (5) $102
-
Intern/Summer Analyst (200) $82
Comments (1)
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 Want to Unlock by signing in with your social account?