NO.PZ2016031002000020
问题如下:
A $100 face value, 4% coupon rate, 10-year annual-pay bond has a YTM of 6%. If the YTM stays the same, how much will the value of the bond increase over the next two years?
选项:
A.$2.31.
B.$1.65.
C.$2.47.
解释:
A is correct.
N=10, FV=100, I/Y=6, PMT=4, CPT→PV= -85.27.
After two years, N=8, CPT→PV= -87.58.
The bond value will increase $2.31.
这道题怎么看出来是求0时刻的?为什么不能理解成第8到10年