anyewumian · 2020年09月05日
问题如下：
The annual yield-to-maturity, stated for with a periodicity of 12, for a 4-year, zero coupon bond priced at 75 per 100 of par value is closest to:
选项：
A.6.25%.
B.7.21%.
C.7.46%.
解释：
B is correct.
The annual yield-to-maturity, stated for a periodicity of 12, is 7.21%. It is calculated as follows:
1.33333 =(1+r)48
[1.33333]1/48 = [(1+r)48]1/48
1.3333302083= (1 + r)
1.00601 = (1 + r)
1.00601−1 = r
0.00601 = r
r × 12 = 0.07212, or approximately 7.21%
老师，这道题能否解释一下，没有理解
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)NFV75=(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
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)NFV75=(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
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)NFV75=(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。
NO.PZ2016031001000075 请问零息债券为什么会一年付息12次？
