开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

ditto · 2024年09月28日

类似的模型， 有些题FV=0, 有些FV=100，请问差别在哪里

  1. CFA I
  2. Fixed Income

NO.PZ2023052301000024

问题如下：

A four-year, 2.0% semiannual coupon bond that pays coupons semiannually is trading at a price of 102.581. The bond’s annualized yield-to-maturity is closest to:

选项：

A.

0.67%.

B.

1.34%.

C.

2.22%.

解释：

B is correct. Two approaches to calculating the yield-to-maturity are calculating an IRR or using the YIELD function in Microsoft Excel or Google Sheets. The periodic IRR is annualized by multiplying by two.


A is incorrect because 0.67% is the periodic, not annualized, yield-to-maturity.

C is incorrect. Note that this choice can be eliminated because the bond is trading at a premium; thus its yield-to-maturity is lower than its coupon rate of 2.0%.

本题计算器FV=100是说到期返还coupon ，为什么有些题计算时FV=0呢

添加评论
1 个答案
已采纳答案

品职答疑小助手雍 · 2024年09月28日

嗨，努力学习的PZer你好：


FV=100是未来到期时候本金的那笔现金流。

这种题目其实就是看未来的现金流就好，有到期那笔就有FV，没有到期那笔就没FV。

所以有些题可能是年金类型的没有到期本金的说法。

----------------------------------------------
努力的时光都是限量版，加油！

  • 1

    回答

  • 0

    关注

  • 92

    浏览
相关问题

NO.PZ2023052301000024 问题如下 A four-year, 2.0% semiannucoupon bonthpays coupons semiannually is trang a priof 102.581. The bons annualizeyielto-maturity is closest to: A.0.67%. B.1.34%. C.2.22%. B is correct. Two approaches to calculating the yielto-maturity are calculating IRR or using the YIELfunction in Microsoft Excel or Google Sheets. The perioc IRR is annualizemultiplying two.A is incorrebecause 0.67% is the perionot annualize yielto-maturity.C is incorrect. Note ththis choiceliminatebecause the bonis trang a premium; thus its yielto-maturity is lower thits coupon rate of 2.0%. 解析中PMT=1, FV =100是怎么得出来的？题目未给出这些信息啊。谢谢！

2024-08-18 13:23 1 · 回答

NO.PZ2023052301000024问题如下 A four-year, 2.0% semiannucoupon bonthpays coupons semiannually is trang a priof 102.581. The bons annualizeyielto-maturity is closest to: A.0.67%.B.1.34%.C.2.22%. B is correct. Two approaches to calculating the yielto-maturity are calculating IRR or using the YIELfunction in Microsoft Excel or Google Sheets. The perioc IRR is annualizemultiplying two.A is incorrebecause 0.67% is the perionot annualize yielto-maturity.C is incorrect. Note ththis choiceliminatebecause the bonis trang a premium; thus its yielto-maturity is lower thits coupon rate of 2.0%. 为什么是把负号放在了FV上？ 怎么定义负号是放在PV还是FV？

2024-07-22 05:50 1 · 回答

NO.PZ2023052301000024 问题如下 A four-year, 2.0% semiannucoupon bonthpays coupons semiannually is trang a priof 102.581. The bons annualizeyielto-maturity is closest to: A.0.67%. B.1.34%. C.2.22%. B is correct. Two approaches to calculating the yielto-maturity are calculating IRR or using the YIELfunction in Microsoft Excel or Google Sheets. The perioc IRR is annualizemultiplying two.A is incorrebecause 0.67% is the perionot annualize yielto-maturity.C is incorrect. Note ththis choiceliminatebecause the bonis trang a premium; thus its yielto-maturity is lower thits coupon rate of 2.0%. 请问这题，完整用计算器，该怎么按？

2024-04-02 22:44 1 · 回答

NO.PZ2023052301000024 问题如下 A four-year, 2.0% semiannucoupon bonthpays coupons semiannually is trang a priof 102.581. The bons annualizeyielto-maturity is closest to: A.0.67%. B.1.34%. C.2.22%. B is correct. Two approaches to calculating the yielto-maturity are calculating IRR or using the YIELfunction in Microsoft Excel or Google Sheets. The perioc IRR is annualizemultiplying two.A is incorrebecause 0.67% is the perionot annualize yielto-maturity.C is incorrect. Note ththis choiceliminatebecause the bonis trang a premium; thus its yielto-maturity is lower thits coupon rate of 2.0%. 老师好，请问该题计算器该怎么按？N=8, PMT=1, PV=102.581,按出来都是error

2023-12-22 08:11 2 · 回答