SOA/FM SAMPLE QUESTION #74

Описание к видео SOA/FM SAMPLE QUESTION #74

74. You are given the following information about two bonds, Bond A and Bond B:
i) Each bond is a 10-year bond with semiannual coupons redeemable at its par value of 10,000, and is bought to yield an annual nominal interest rate of i, convertible semiannually.
ii) Bond A has an annual coupon rate of (i + 0.04), paid semiannually.
iii) Bond B has an annual coupon rate of (i – 0.04), paid semiannually.
iv) The price of Bond A is 5,341.12 greater than the price of Bond B.
Calculate i.
(A) 0.042
(B) 0.043
(C) 0.081
(D) 0.084
(E) 0.086

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