CSC V1 Chapter 7 Q7.3

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LM123 提问于4年之前

DDD inc. has an outstanding 12 year bond with a coupon of 8.75%. the financial press is quoting the bond with a yield of 6%. what does this imply?
why the answer is A, the price of the bond will be above par.

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jixint123 老师回答于4年之前

这道题简单的做法就是代入公式计算, bond的par value假设为100, 那么coupon等于8.75, r等于6%, N=12, Fv=100, 那么求出来的pv一定大于100。
或者直接记总结出来的规律, 当coupon rate大于yield, price above par, 当coupon rate小于yield, price below par， coupon rate等于yield, price 等于par