请教老师以下这题，我计算 (1+I/Y)的四次方=(1+5.5%)(1+7.63%)(1+12.18%)(1+15.5%) 得到I/Y =10.13%
比较coupon rate 10%. 那肯定是一个折价发行的债权，也用计算器算了一次我的答案是 A.996
可是答案是 B。 是我的 I/Y 计算错误了吗？非常感谢老师 。
NO.PZ2016031002000031 Given spot/forward rate: `
- 1 year spot rate 5.5%
- one year forward rate one year from today 7.63%
- one year forward rate two years from today 12.18%
- one year forward rate three years from today 15.5%
- value of a 4 year, annual pay, $1000 par value bond is closest to: A 996 B 1009 C 1086
