作者icerose (泡泡)
看板Grad-ProbAsk
標題[商管] [財管][債券評價]
時間Thu Dec 31 00:06:03 2009
KCorp Inc. has two different bonds currently outstanding. Bond A has a face
value of $40,000 and matures in 20 years. The bond makes no payments for the
first six years, pays $2,000 semiannually for the subsequent eight years, and
finally pays $2,500 semiannually for the last six years. Bond B also has a
face value of $40,000 and matures in 20 years. However, it makes no coupon
payments over the life of the bond. If the required return on both these
bonds is 12 percent, compounded semiannually, what is the current price of
Bond A and Bond B?
是這樣算嗎?
Bond B=>40000*PVIF(6%, 40)
Bond A=>
(1)2500*PVIFA(6%, 12)+40000*PVIF(6%, 12)=X值
(2)2000*PVIFA(6%, 16)+X值*PVIF(6%, 16)=Y值
(3)Y值*PVIF(6%, 12)=Z值(current price of Bond A )
這樣算到底對不對阿??請大家幫我看看
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※ 編輯: icerose 來自: 61.229.170.62 (12/31 00:07)
1F:推 hchs31705:我覺得對 12/31 01:17