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标题: Schweser Q Bank - 116827 [打印本页]

作者: bchadwick    时间: 2011-7-11 19:02     标题: Schweser Q Bank - 116827

Can any one explain this Q bank Q&A on Contingent immunization


Initially, each coupon bond had a market value of $1,080.

INPUTS: N= 20, I/Y = 3.25, PMT = 38, FV = 1,000, CPT PV ?
作者: Colum    时间: 2011-7-11 19:02

Afraid not.

I got the same answer they did with their figures but when I used the total amounts of the bond I came out with a different answer I always use totals and came up with a different horizon return. It may be rounding. I'm not going to worry too much though. It's a simple enough concept.




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