标题: Schweser Q Bank - 116827 [打印本页] 作者: EastCoastJ 时间: 2013-4-1 14:13 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: luda002 时间: 2013-4-1 14:13
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.