iStock / bymuratdeniz
When the German day count convention is applied, the interest rate is quoted for a calendar year, irrespective of whether the year has 365 or 366 days. See also international day count convention.
iStock / bymuratdeniz
When the German day count convention is applied, the interest rate is quoted for a calendar year, irrespective of whether the year has 365 or 366 days. See also international day count convention.