Nominal annual discount rate: Difference between revisions
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imported>Doug Williamson (Note expressly that this type of discount rate is short-term.) |
imported>Doug Williamson (Qualify description of short-term) |
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A short-term | A discount rate, usually a short-term one, expressed on a nominal annual rate basis, under the quoting convention for the given market. | ||
Revision as of 16:40, 18 November 2015
A discount rate, usually a short-term one, expressed on a nominal annual rate basis, under the quoting convention for the given market.