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XIUGINGMAN · 2020年10月03日

问一道题:NO.PZ2017102901000069

问题如下:

For a bond issued at a premium, using the effective interest rate method, the:

选项:

A.

carrying amount increases each year.

B.

amortization of the premium increases each year.

C.

premium is evenly amortized over the life of the bond

解释:

B is correct.

The amortization of the premium equals the interest payment minus the interest expense. The interest payment is constant and the interest expense decreases as the carrying amount decreases. As a result, the amortization of the premium increases each year.

像请问一下amortization of premium和amortized cost 的区别在哪里,这两个需要怎么理解

1 个答案

Olive_品职助教 · 2020年10月05日

嗨,努力学习的PZer你好:


折价发行和溢价发行的债券,其发行时市场价格和其票面价值的差,会逐渐在bond的账面价值中摊销,账面价值最终会变成票面价值。

在bond的后续计量中,账面价值体现的是其amortized cost,损益表中的interest expense和coupon的差额是amortization of the premium or discount。

你可以看一下基础班讲义364页这个表格:

第二列的1051.54 1035.66 1018.52就是amortized cost,也是bond的carrying value。第三列interest expense和第四列coupon的差额就是 amortization of premium。


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