Hi Viktor,
I agree, the algorithms can give strange results! But this is becuase they are implementing strange conventions.
Which day count convention you use dependes upon the financial instrument you are modelling and it's detailed terms.
- David
Hi Viktor,
I agree, the algorithms can give strange results! But this is becuase they are implementing strange conventions.
Which day count convention you use dependes upon the financial instrument you are modelling and it's detailed terms.
- David