问题如下图:
选项:
A.
B.
C.
解释:
如果计算器输入是FV=500,000 I/Y=6 N=10 ,pv=5000 不等于332528.56
NO.PZ2016031002000056问题如下A manager hconstructea portfolio with a 10-year, $500,000, zero-coupon bonwith annuYTM of 6%. Assuming ththe YTM remains the same after three years, whwill he get if he sells the bonfor $343,333?A.A capitgain.B.A capitloss.C.Neither a capitgain nor loss. A is correct.If the YTM remains 6%, the priof the bons carrying value shoul500,000/1.067=332,528.56 after three years.The selling priis more ththe bons carrying value, so the manager will get a capitgain.考点Capitgain loss解析计算Carrying Value,直接将未来现金流用期初购买时确定的YTM进行折现。利用计算器FV=500,000 I/Y=6 PMT=0 N=7,求得PV= -332528.56。由于selling price大于carrying value,所以获得的是capitgain,故A正确。 老师求这个carrying value 是求PV吗?
FV=500000 I/Y=6 PMT=0 N=10-3=7 500000 为何不是PV? N 为何不是3
这道题的carrying value是多少呢?
您好,根据老师的视频和上个课后题目,不是只有YTM改变带来的价格的变动才可以计入capitgain/lossma e