, 10 , . , , , , .
8.4 . 30 8%- . , (8%). . OY , , , , 8%- .
(% )
. 8.4.
, 8% , 30- 1000 . 1000 . 9%- 897,26 . , 9%- 8%- 897,26 / 1000 = 0,89726. , 8% 9%, 10%.
30 8%- , (8%). OY co-Sou , - , 8%- . , 8% 1.
, 8% 30- 1000 . 99,38 ., 9%- 75,37 . , 9% 8%- 75,37 / 99,38 = 0,7684. , 8% 9%, 23%.
, , , , , . , .
8.6 |
, 6% 30 1000 . 7%, 7%. ? |
|
|
.
1 ., , . , . .
.
, , , , , .
. .
(pure discount bonds), 287
, (face value),
, (coupon bond)
(coupon rate)
, (par bonds)
(premium bond)
(current yield)
(yield-to-matunty)
(callable bond)
(convertible bond)
8.1. 100 ., 6% 5% ?
. 5% , 272,32 .
8.2. , 2 6% , , . 8 1, . 100 . ? , , ?
. :
1- = 100 . / 1,0526 =95,00 .
2- = 100 . / 1,062 =89,00 .
3- = 100 . / 1,07723 =80,00 .
= 264 .
, 1 .
264 ., :
n | i | PV | FV | PMT | |
? | -264 . | i = 6,6745% |
8.3. , 900 . 6% ?
|
|
. = 0,067 = 6,67% :
1 | PV | FV | |||
-900 | 1=10,02% |
8.4. , , , 4% .
. 4%- :
0,961538 40 . + 0,889996 1040 . = 964,05736 . :
i | PV | FV | PMT | ||
? | 964,057 | i = 5,9593% |
8.5. , 6% ? , 6%.
. 18 :
n | i | PV | FV | PMT | |
0 | PV= 350,34 . |
, (6% ):
= (350,34 . 330,51 .) / 330,51 . = 6%
8.6. , 6%, 30 1000 . 7%, 7%. ?
. 30 :
n | i | PV | FV | PMT | |
6% | ? | PV =174,11 . |
:
n | i | PV | FV | PMT | |
7% | ? | PV= 131,37 . |
24,55%.