medium · Debt Capital Markets bond-instruments-structures

Which component of the Discount Margin calculation is affected by the choice of day-count convention (e.g., Actual/360 vs. 30/360)?

1. The reference rate's published ticker symbol.
2. The bond's stated par value at redemption.
3. The calculation of the periodic coupon payments.
4. The issuer's credit rating assigned by the agencies.

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