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So what are everyones preferred constants?
I use 252 days/year, which has the nice property of being divisible by 12, so
21 days/month
4.2 weeks/month
50.4 weeks/year
and assumes about 8.9 days (from 365.25/7*5=260.9) closed, which isn't too far
out for the asx.
In 2003 there were 8 non-trading days and 1 early close. In 2004 there will
be 8 non-trade and 3 early close. I'm ignoring the no settlement days.
(reference http://www.asx.com.au/about/Calendar_AA2.shtm and
http://www.asx.com.au/about/Calendar2004_AA2.shtm).
Any other opinions?
On Wed, 10 Dec 2003 11:14 am, Fred wrote:
> 258.3 ?! hmmm ... let's see 52 weeks * 5 days / week = 260. I guess
> there are only 1.7 market holidays / year.
>
- --
Nigel Rowe
rho@xxxxxxxxxxx
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