标题: Can't get this one right Qbank [打印本页] 作者: chetan86 时间: 2013-4-3 19:28 标题: Can't get this one right Qbank
Question ID#: 95921
A 10% coupon bond, annual payments, maturing in 10 years, is expected to make all coupon payments, but to pay only 50% of par value at maturity. What is the expected yield on this bond if the bond is purchased for $975?
A) 6.68%.
B) 8.68%.
C) 10.68%.
The correct answer was A.
PMT = 100; N = 10; FV = 500; PV = 975; CPT ?作者: Ionutzakis 时间: 2013-4-3 19:31
Use minus sign at PV = 975.
in second, you are using negative sign 2 times which is wrong I think
