NO.PZ2018062006000110
问题如下：
A client purchases a 6-year bond at $109.83, and the coupon rate is 8%. The interest is paid annualy. Assume the client will hold the bond to maturity, and the current market interest rate is 6%, which remains constant during the whole period. Calculate the future value of the reinvested coupon payments.
选项：
A.
45.33.
B.
51.17
C.
55.80
解释：
C is correct.
8×1.065+8×1.064+8×1.063+8×1.062+8×1.061+8=55.80
考点：Source of return
解析：题干要我们求的是coupon的再投资收入FV。利用计算器：PV=0，N=6，PMT=8，I/Y=6，所以FV=55.80，故选项C正确。
109这个数。
谢谢老师解答
