Board logo

标题: Bond selling price [打印本页]

作者: w1977    时间: 2011-7-13 16:43     标题: Bond selling price

A $100,000 face value, 10 % bond (5 year bond), make semi annual interest payments . The bond yields an effective interest rate of 8%.What is the selling price of the bond? Then answer is 108,111 (selling at premimum). How is this calulated.

Thanks
作者: pogo    时间: 2011-7-13 16:43

Come on man...


FV = 1,000
PMT = 50
I = 4
N = 10

Calc PV = 1,081.11
作者: cyber21    时间: 2011-7-13 16:43

damn i was using i=8




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2