NO.PZ2020011303000204
问题如下:
Now suppose that the price of the bond in the previous question is 98. What is the bond’s yield to maturity?
选项:
解释:
If the price of the bond is 98, we must solve
2.5/(1+y/2)+2.5/(1+y/2)2+2.5/(1+y/2)3+102.5/(1+y/2)4=98
The solution is
6.077%.
前一题coupon每年是6,每半年3,但这里就变成2.5了?