assuming 到 spaced periods这句话是什么意思

NO.PZ2023120801000055

问题如下：

DMT Corp. issued a five-year floating-rate note (FRN) that pays a quarterly coupon of three-month MRR plus 125 bps. The FRN is priced at 96 per 100 of par value. Assuming a 30/360 day-count convention, evenly spaced periods, and constant three-month MRR of 5%, the discount margin for the FRN is closest to:

选项：

221 bps

400 bps

180 bps

解释：

Correct Answer: A

The interest payment each period per 100 of par value is:

The discount margin can be estimated by solving for DM in the equation:

The Correct Answer for the discount rate, r = (0.05+DM)/4 is 1.8025%. Therefore DM = 2.21%, or 221 bps.

assuming 到 spaced periods这句话是什么意思在本题中什么作用

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吴昊_品职助教 · 2024年06月12日

嗨，从没放弃的小努力你好：

Assuming a 30/360 day-count convention, evenly spaced periods，也就是假设一年360天，一个月30天，周期间隔均匀。

周期间隔均匀，意味着每一笔现金流之间是等距的，就能直接折现求和了。

这句话的存在也是为了保证题目条件的完整性。

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虽然现在很辛苦，但努力过的感觉真的很好，加油！

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NO.PZ2023120801000055 问题如下 T Corp. issuea five-yefloating-rate note (FRN) thpays a quarterly coupon of three-month MRR plus 125 bps. The FRN is price96 per 100 of pvalue. Assuming a 30/360 y-count convention, evenly spaceperio, anconstant three-month MRR of 5%, the scount margin for the FRN is closest to: A.221 bps B.400 bps C.180 bps CorreAnswer: AThe interest payment eaperioper 100 of pvalue is:The scount margin cestimatesolving for in the equation:The CorreAnswer for the scount rate, r = (0.05+)/4 is 1.8025%.Therefore = 2.21%, or 221 bps. 你好，我解出来的答案有出入，请老师给看看哪里出问题了呢？1, 算出pmt: (5%+125bps )/4*100=1.56252,用pv=-96,fv=100,pmt=1.5625,n=4 求出I/Y=2.62908 3, scount rate- mrr= scountemargin 2.62908*2-5=0.258159

2025-01-03 11:11 1 · 回答

assuming 到 spaced periods这句话是什么意思

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