Half-year convention

From CNM Wiki
Jump to: navigation, search

Half-year convention is an assumption that assets are used for half of the first year and half of the last year.


Definitions

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Half-year convention. Assumes assets are used for half of the first year and half of the last year.

Related concepts

Related lectures