问题如下:
A client purchases a 6-year bond at $109.83, and the coupon rate is 8%. The interest is paid annualy. Assume the client will hold the bond to maturity, and the current market interest rate is 6%, which remains constant during the whole period. Calculate the future value of the reinvested coupon payments.
选项:
A.45.33.
B.51.17
C.55.81.
解释:
C is correct.
8×1.065+8×1.064+8×1.063+8×1.062+8×1.061+8=55.81
老师好,FV不是等于 coupon payment加上reinvested coupon payment 吗