首页 | 学习中心 | 注册 登录
返回列表 发帖
jlg1982

Rank: 2

UID
217785 
帖子
270 
主题
210 
注册时间
2011-5-24 
最后登录
2012-9-12 
1# 跳转到 » 倒序看帖
打印
tT
发表于 2011-7-11 18:36 | 只看该作者

Effective Duration

required, following, question, effective
For the following question, would you say 1.5 minutes is enough for all the required calculations?

A non-callable bond with 18 years remaining maturity has an annual coupon of 7% and a $1,000 par value. The current yield to maturity on the bond is 8%. Which of the following is closest to the effective duration of the bond?

A) 8.24.
B) 11.89.
C) 9.63.

Give it a try.
收藏 分享

Beatnik

Rank: 2

UID
223306 
帖子
226 
主题
116 
注册时间
2011-7-11 
最后登录
2013-8-22 
2#
发表于 2011-7-11 18:36 | 只看该作者
use bond function on your calc. (if you do not know how, learn it)

2nd bond
SDT=1.0100
CPN=7
RDT=1.0118
RV=100
ACT
1/Y => needs to be changed
YLD=8
PRI=90.628 (when you hit compute)
Two down arrows later -> DUR -> CPT -> 9.63


, 30 secs - ans = 9.63

CP

TOP

Mechanic

UID
223246 
帖子
623 
主题
312 
注册时间
2011-7-11 
最后登录
2013-10-11 
3#
发表于 2011-7-11 18:36 | 只看该作者
To CP:It's applicable for BAII Pro only.

Trang

TOP

ramdabom

Rank: 2

UID
223283 
帖子
283 
主题
130 
注册时间
2011-7-11 
最后登录
2013-8-19 
4#
发表于 2011-7-11 18:36 | 只看该作者
Thanks for the calculator tip CP. Calculating three bond prices and then computing the effective duration formula will definitely rob time.

TOP

Penny-wenny

Rank: 2

UID
223288 
帖子
245 
主题
143 
注册时间
2011-7-11 
最后登录
2016-4-19 
5#
发表于 2011-7-11 18:36 | 只看该作者
Very smart, thanks CP

Trang

TOP

返回列表