答案:
(1)该债券的理论价值=1000×8%×(P/A,10%,3)+1000×(P/F,10%,3)=950.25(元)
(2)设到期收益率为k,则940=1000×8%×(P/A,k,3)+1000×(P/F,k,3)
当k=12%时:1000×8%×(P/A,k,3)+1000×(P/F,k,3)=903.94(元)
利用内插法可得:
(940-903.94)/(950.25-903.94)=(k-12%)/(10%-12%)
解得:k=10.44%
(3)持有期收益率=(60+965-940)/940×100%=9.04%
持有期年均收益率=9.04%/(9/12)=12.05%
答案:
(1)该债券的理论价值=1000×8%×(P/A,10%,3)+1000×(P/F,10%,3)=950.25(元)
(2)设到期收益率为k,则940=1000×8%×(P/A,k,3)+1000×(P/F,k,3)
当k=12%时:1000×8%×(P/A,k,3)+1000×(P/F,k,3)=903.94(元)
利用内插法可得:
(940-903.94)/(950.25-903.94)=(k-12%)/(10%-12%)
解得:k=10.44%
(3)持有期收益率=(60+965-940)/940×100%=9.04%
持有期年均收益率=9.04%/(9/12)=12.05%