首页 | 学习中心 | 注册 登录
返回列表 发帖
rkapoor

Rank: 2

UID
223274 
帖子
238 
主题
123 
注册时间
2011-7-11 
最后登录
2013-8-21 
1# 跳转到 » 倒序看帖
打印
tT
发表于 2011-10-3 00:43 | 只看该作者

How to find the Fair Market Value of GIC?

currently, discount, interest, should
Been tasked with calculating the Fair Market Value of a 3 year GIC at work that currently has 2.5 years left. This is what I think I should do:

1) Calculate the FV of the GIC in 2.5 years
2) Ask the FI on what the interest rate would be on current 2.5 year GIC's
3) Use the rate in (2) as the discount rate and discount the FV calculated in (1) back 2.5 years

What do you guys think?
收藏 分享

ASSet_MANagemen

Rank: 2

UID
222267 
帖子
314 
主题
68 
注册时间
2011-7-2 
最后登录
2016-4-19 
2#
发表于 2011-10-3 00:48 | 只看该作者
ks112 Wrote:
-------------------------------------------------------
> Been tasked with calculating the Fair Market Value
> of a 3 year GIC at work that currently has 2.5
> years left. This is what I think I should do:
>
> 1) Calculate the FV of the GIC in 2.5 years
> 2) Ask the FI on what the interest rate would be
> on current 2.5 year GIC's
> 3) Use the rate in (2) as the discount rate and
> discount the FV calculated in (1) back 2.5 years
>
> What do you guys think?


I agree.

TOP

cjs238

Rank: 2

UID
222276 
帖子
205 
主题
56 
注册时间
2011-7-2 
最后登录
2014-6-29 
3#
发表于 2011-10-3 00:54 | 只看该作者
nah nah you forgot you gotta carry the 1

TOP

soverby

UID
223343 
帖子
431 
主题
51 
注册时间
2011-7-11 
最后登录
2013-9-12 
4#
发表于 2011-10-3 00:59 | 只看该作者
Carry the 1?

TOP

tango_gs

UID
223347 
帖子
460 
主题
48 
注册时间
2011-7-11 
最后登录
2013-8-23 
5#
发表于 2011-10-3 01:05 | 只看该作者
GIC valuation depends on existing interest rates

A 3 year GIC , in 2.5 years is nothing but a 180 day bond / bill as on today.

You have Future Value ( Face Value + 3 Year Int to be received ), Int Rates ( see the yeild curve for 180 days as on today), you have the time remaining, Calculate Present Value.

Hope this helps.

TOP

返回列表