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James · 2017年12月10日

问一道题：NO.PZ2017092702000009 [ CFA I ]

  1. CFA I
  2. Quantitative
问题如下图：
选项：
A.
B.
C.
解释：
这题看不太懂，能解释一下么？
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1 个答案

源_品职助教 · 2017年12月11日

首先这是一个永续年金，根据永续年金公式，我们可以用计算器求得该年金在T=4时刻的现值（因为第一笔现金流发生在T=5时刻），之后，我们再将这个现值往前折现4年就得到了该年金当前时刻的现值。


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