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标题: cfa level 1 fixed incom; 关于semiannal coupon和quarter coupon的定义 [打印本页]

作者: tylerslu    时间: 2016-3-11 15:04     标题: cfa level 1 fixed incom; 关于semiannal coupon和quarter coupon的定义

an Atlas Corporation bond is quoted with a TYM of 4% on a semiannual bond basis. what yields should be used to compare it with a quarterly-pay bond and an annual pay bond?

既然annual yeild on the semiannual coupon bond:为1.02(二次方)-1=4.04%
为什么the quarterly bond不是 1.02(四次方)-1=8.243216%
而是1.02(二分之一次方—)-1=0.995%;0.995*4=3.98%?
作者: tylerslu    时间: 2016-3-11 15:05

note book FIX INCOM的 LOS53.f 那一节上的




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