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wenxing · 2018年12月06日

问一道题：NO.PZ2015120604000013 [ CFA I ]

  1. CFA I
  2. Quantitative

问题如下图：如何区别是12年还是一共13年？

选项：

A.

B.

C.

解释：

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已采纳答案

菲菲_品职助教 · 2018年12月07日

同学你好，这道题目说的是一个年金的期限为20年，第一笔钱将于十三年后即T=13时收到，问这20笔年金在今天的现值。通过画图你可以很好的理解这道题：

由图可知，第一步是把这20笔现金流折现到T=12的时间点；第二步再把这笔钱折现到今天计算现值。

其实关于货币时间价值的题目，很多时候画个图就很清楚啦。

 

崔智渊 · 2019年08月28日

at the end of the thirteen years,不是13年年末，14年年初吗？

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