GIGAMIND

Folder:
115 CFA
File:
115.070.03.04 Fixed Income - Reading 44 - 4. Matrix Pricing

4. Matrix Pricing

e. describe matrix pricing;

For bond values, what is matrix pricing?
Matrix pricing is an educated guess for bond price by combining similar bonds together and combining features to calculate an approximate price using the derived yield level.


Source:
  • CFA