标题: Another question from CFAI sample questions [打印本页] 作者: dotamasta 时间: 2013-4-12 22:09 标题: Another question from CFAI sample questions
If an investor’s required return is 12 percent, the value of a 10year maturity zerocoupon
bond with a maturity value of $1,000 is closest to:
A. $312.
B. $688.
C. $1,000.
D. $1,312.
Could you try to calculate the answer? For me it looks like there is a mistake..作者: Colum 时间: 2013-4-12 22:10
A
I/Y = 12
N = 10
FV = 1000
CPT PV = 321.97
A is closest.作者: joehogue 时间: 2013-4-12 22:10
calculate zeros as if they are semi annual.
so I/Y 6
N 20
FV 1000
PV = 311.80作者: giants2010 时间: 2013-4-12 22:10
Thanks! Got! I forgot what I should remember by heart that coupons should be semiannualized!
