问题如下:
The cash price of a bond is USD 90. It is expected to provide a coupon of USD 3 in six months and 12 months. The risk-free rate for all maturities is 5% per year (with annual compounding). What is the 15-month forward price of the bond?
选项:
解释:
The present value of the income (USD) is
The forward price of the bond is
老师这题不太理解