NO.PZ2023120801000038
问题如下:
A four-year, 2.0% semiannual coupon bond that pays coupons semiannually is trading at a price of 102.581. The bond’s annualized yield-to-maturity is closest to:
选项:
A.0.67%
B.1.34%
C.2.22%
解释:
Correct Answer: B
N=8, PMT=1, PV= -102.581, FV=100, CPT→I/Y=0.67
The periodic IRR is annualized by multiplying by two, so the annualized IRR is 1.34%.
本题FV=100是怎么得出的