April 2019
Intermediate to advanced
426 pages
11h 13m
English
Content preview from Mastering Python for Finance - Second Edition
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Spot and zero rates
As the compounding frequency increases (say, from compounded yearly to compounded daily), the future value of money reaches an exponential limit. That is to say, the value of $100 today will reach a future value of $100eRT when it is invested at a continuously compounded rate, R, for a period of time, T. If we discount these values for a security that pays $100 at a future time, T, with a continuously-compounded discount rate, R, its value at time zero is 
. This rate is known as the spot rate.
Spot rates represent the current interest rates for several maturities, should we want to borrow or lend money now. Zero rates represent ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.