嗚…兩個CFA L1的題目仍不是很懂,謝 … - 金融分析師
By Ophelia
at 2005-06-03T00:35
at 2005-06-03T00:35
Table of Contents
※ 引述《sunrisefail (Let me go home)》之銘言:
: 有兩個題目做了之幾次還是不對,
: 是否可以請會的人看一下,
: 謝謝。
: On 1 January 2002, a 9.0 percent coupon rate bond
: with a par value of $1,000 and 10 years to maturity
: had a discount rate of 8.0 percent.
: Because of an upgrade in the bond's rating on 1 January 2003,
: the discount rate decreased to 7.7 percent.
: If interest is paid annually, the change in the bond's price
: form 2002 to 2003 attributable only to the passage of time is closest to :
: 我知道的是利率降低,價格應該是升高,
: 2002年的現值是-1,067.10沒有問題,
: 但是2003卻一直算錯,
: 請問一下2003我的N是否要代9 ???
: I是要代7.7吧???
: 請指正一下我的錯誤
: 答案是 -4.63
題目是問只考慮時間經過所帶來的價格的變動
FV=1000,PMT=90,N=9,I/Y=8 →PV=-1062.469
1062.469-1067.10=-4.631
--
: 有兩個題目做了之幾次還是不對,
: 是否可以請會的人看一下,
: 謝謝。
: On 1 January 2002, a 9.0 percent coupon rate bond
: with a par value of $1,000 and 10 years to maturity
: had a discount rate of 8.0 percent.
: Because of an upgrade in the bond's rating on 1 January 2003,
: the discount rate decreased to 7.7 percent.
: If interest is paid annually, the change in the bond's price
: form 2002 to 2003 attributable only to the passage of time is closest to :
: 我知道的是利率降低,價格應該是升高,
: 2002年的現值是-1,067.10沒有問題,
: 但是2003卻一直算錯,
: 請問一下2003我的N是否要代9 ???
: I是要代7.7吧???
: 請指正一下我的錯誤
: 答案是 -4.63
題目是問只考慮時間經過所帶來的價格的變動
FV=1000,PMT=90,N=9,I/Y=8 →PV=-1062.469
1062.469-1067.10=-4.631
--
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