来自:FRM > 一级 > 电脑版 > Unit 16.债券定价和估值 2021-10-14 15:55
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e0556738@u.nus.edu
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liuxuyao 2021-10-15 10:45
致精进的你:
同学,Step 1: compute value of the coupon payments: N = 30; I/Y = 8; PV = 0; PMT = $1,800,000(20 million × 0.09); CPT FV = $203,909,780 Step 2: total future value = $20000000(principle) + $203,909,780(value of the coupon payments) = $223,909,780 Step 3: annual yield: N = 30; PV = -$20,000,000; FV = $223,909,780;YTM=0; CPT I/Y = 8.385%,是有哪个步骤不理解吗
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