Never happens. Cuz Bond. Never. Yields.pic.twitter.com/AkmhKptCHD
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Present discounted value. Flushed out of memory as soon as it's not needed.
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Schrödinger's Dictionary
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Ironically, I get this with the word “epistemology”
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Haha awesome. Just today I was complaining about bond yields with a coworker. There is really no reason to ever quote a bond in yield. We should all once and for all decide to use continuously compounded discounting instead
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