I love u · 2020年07月09日
问题如下：
The cash price of a bond is USD 90. It is expected to provide a coupon of USD 3 in six months and 12 months. The risk-free rate for all maturities is 5% per year (with annual compounding). What is the 15-month forward price of the bond?
选项：
解释：
The present value of the income (USD) is
The forward price of the bond is
老师这题不太理解
NO.PZ2020012005000013 问题如下 The cash priof a bonis US90. It is expecteto provi a coupon of US3 in six months an12 months. The risk-free rate for all maturities is 5% per ye(with annucompounng). Whis the 15-month forwarpriof the bon The present value of the income (US is 3/1.050.5+3/1.05=5.7853/1.05^{0.5} + 3/1.05 = 5.7853/1.050.5+3/1.05=5.785The forwarpriof the bonis (90−5.785)∗1.051.25=89.51(90 - 5.785) * 1.05^{1.25} = 89.51(90−5.785)∗1.051.25=89.51 折现为什么不是3/(1+5%/2)^0.5*2+3/(1+5%/2)^1*2
NO.PZ2020012005000013 老师我用计算器PMT算折现 结果和答案不太一样 我记得计算机算有什么前提条件肯定这道题不满足 您可以指点一下吗?谢谢老师
NO.PZ2020012005000013 如（1+r）^t,用e^rt替换是否也可以，两者是否可以互换？什么时候不能互换着用？
provi coupon是收到coupon的意思?
