问题如下:
A bond offers an annual coupon rate of 5%, with interest paid semiannually. The bond matures in seven years. At a market discount rate of 3%, the price of this bond per 100 of par value is closest to:
选项:
A. 106.60.
B. 112.54.
C. 143.90.
解释:
B is correct.
The bond price is closest to 112.54.The formula for calculating this bond price is:
where:
PV = present value, or the price of the bond
PMT = coupon payment per period
FV = future value paid at maturity, or the par value of the bond
r = market discount rate, or required rate of return per period
PV = 2.46 + 2.43 + 2.39 + … + 2.06 + 83.21 = 112.54
这题用公式的计算,我能理解。可是用计算机计算,那几个数是怎么来的?能解释一下吗