陈同学2019-06-11 16:41:41
陈同学In CFA do we assume all rates are annual unless otherwise stated? For example for question 120 in FRA, it says the loan has earned 6% on that amount so I just used 6% when calculating the benefits. The answer, however, calls for 3% since the loan is only six months. It's super confusing so I just want to make sure. Thanks a lot!!!!
回答（1）
Vicky2019-06-11 16:58:15
Vicky同学你好，
可以这样理解。如果题目没有特殊说明。
一般情况下这是一个年化的利率。
当投资期限不满一年时。要将年化利率转化为期间利率。
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