: 5 solve time: 2009-9-26 23:4The 8 person that quiz: Lar181022 the par value of a kind of bond is 1000 yuan, bond interest rate is 8% , deadline is 5 years. My requirement yield is 10% , why should wait for the price to fall so 924.28 yuan
: 5 solve time: 2009-9-26 23:4The 8 person that quiz: Lar181022 the par value of a kind of bond is 1000 yuan, bond interest rate is 8% , deadline is 5 years. My requirement yield is 10% , why should wait for the price to fall so 924.28 yuan the following I just am bought? (attention: I know 924.28 be how of numerate, but how many money can after knowing 5 years, I take after all? Need detailed computational course, thank! ) optimal answer par value the bond of 1000, interest rate is 8% , deadline 5 years, be in 5 years that is to say during, you take the interest of 1000*8%=80 every year, take 80*5=400 5 years in all, your bond after expiring can sell 1000, so gross you can be taken 1400. The yield that asks when you is 10% , this compares bond interest rate 8% should tall, when so you are buying this bond at first, buy the price should under 1000 yuan, the profit that just can yield you is achieved 10% , and computation comes out to should buy the price is 924.18 when, your accrual just is 10% . I still say computational method, it is P=C*[1-1/(1+R)t second square] / the T of R+F/(1+R) second 5 of square =1000*8%*[1-1/1.1 square] / the T of 10%+1000/(1+10%) second square =303.2629416+620.9213231 =924.1842646