Courses / Intrinsic Valuation / Discount Period: Mid-Year Convention

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Discount Period: Mid-Year Convention (5:06)

Mid-Year Convention is a form of discount period that assumes all the cash comes in evenly throughout the year.

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Archie C
1 year ago

Interesting comment on why mid year convention yields a higher valuation.
 

Last edited 1 year ago by Archie C

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