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你的肉松掉了 · 2017年09月27日

用N=12算I/Y吗?问一道题:NO.PZ2016031001000075 [ CFA I ]

问题如下图:
选项:
A.
B.
C.
解释:
1 个答案

maggie_品职助教 · 2017年09月28日

N=48算I/Y,计算结果再×12

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NO.PZ2016031001000075 问题如下 The annuyielto-maturity, statefor with a periocity of 12, for a 4-year, zero coupon bonprice75 per 100 of pvalue is closest to: A.6.25%. B.7.21%. C.7.46%. B is correct.The annuyielto-maturity, statefor a periocity of 12, is 7.21%. It is calculatefollows:PV=FV(1+r)NPV=\frac{FV}{{(1+r)}^N}PV=(1+r)NFV​75=(100(1+r)4×12)75={(\frac{100}{{(1+r)}^{4\times12}})}75=((1+r)4×12100​)10075=(1+r)48\frac{100}{75}=(1+r)^{48}75100​=(1+r)481.33333 =(1+r)48[1.33333]1/48 = [(1+r)48]1/481.3333302083= (1 + r)1.00601 = (1 + r)1.00601−1 = r0.00601 = rr × 12 = 0.07212, or approximately 7.21%考点bonvaluation解析利用计算器PV= -75,FV=100,PMT=0,N=4×12=48,求得I/Y=0.601×12=7.21,故B正确。 计算求解过程明白了, 问两个表述是什么意思1. statefor a periocity of 12 的periocity 是什么含义, 分12期计息吗 2. 题干最后一句怎么看出是让求YTM的,75 of100是什么意思

2023-10-22 12:44 1 · 回答

NO.PZ2016031001000075 问题如下 The annuyielto-maturity, statefor with a periocity of 12, for a 4-year, zero coupon bonprice75 per 100 of pvalue is closest to: A.6.25%. B.7.21%. C.7.46%. B is correct.The annuyielto-maturity, statefor a periocity of 12, is 7.21%. It is calculatefollows:PV=FV(1+r)NPV=\frac{FV}{{(1+r)}^N}PV=(1+r)NFV​75=(100(1+r)4×12)75={(\frac{100}{{(1+r)}^{4\times12}})}75=((1+r)4×12100​)10075=(1+r)48\frac{100}{75}=(1+r)^{48}75100​=(1+r)481.33333 =(1+r)48[1.33333]1/48 = [(1+r)48]1/481.3333302083= (1 + r)1.00601 = (1 + r)1.00601−1 = r0.00601 = rr × 12 = 0.07212, or approximately 7.21%考点bonvaluation解析利用计算器PV= -75,FV=100,PMT=0,N=4×12=48,求得I/Y=0.601×12=7.21,故B正确。 没看懂这道题讲啥,可以翻译一下吗

2023-04-08 00:15 1 · 回答

NO.PZ2016031001000075 问题如下 The annuyielto-maturity, statefor with a periocity of 12, for a 4-year, zero coupon bonprice75 per 100 of pvalue is closest to: A.6.25%. B.7.21%. C.7.46%. B is correct.The annuyielto-maturity, statefor a periocity of 12, is 7.21%. It is calculatefollows:PV=FV(1+r)NPV=\frac{FV}{{(1+r)}^N}PV=(1+r)NFV​75=(100(1+r)4×12)75={(\frac{100}{{(1+r)}^{4\times12}})}75=((1+r)4×12100​)10075=(1+r)48\frac{100}{75}=(1+r)^{48}75100​=(1+r)481.33333 =(1+r)48[1.33333]1/48 = [(1+r)48]1/481.3333302083= (1 + r)1.00601 = (1 + r)1.00601−1 = r0.00601 = rr × 12 = 0.07212, or approximately 7.21%考点bonvaluation解析利用计算器PV= -75,FV=100,PMT=0,N=4×12=48,求得I/Y=0.601×12=7.21,故B正确。 能否这样计算?75乘以(1+r/12)的48次方等于100。

2022-05-14 11:25 1 · 回答

NO.PZ2016031001000075 请问零息债券为什么会一年付息12次?

2021-03-13 17:14 1 · 回答

老师,这道题能否一下,没有理解

2020-09-05 15:20 1 · 回答