Exam Notes

CR =
6 40 %
.




:
7 years

=
89 09 of .
par (semi-annual)
Par = 1000

Find : CY and CGY



S
6
640
=
0 032 x par (000) =
32
Coupon
.

=




Price = · 8909 x1000
=
890 9.




Sep
2


N =
T x 2 = 14

PV = -

890 9 .




PMT =

32
Fu =
1000

25(2) 8 5 %
/y
1 =
4 .
=
.




3
#Coupon =




⑮
8 1 316 %
. 5-7 184 .
=
.




-

, CR =
7 . 40 %


P = $910

300 BP =
3%



Find : AROR- BSP




S4
⑮
-




N = 6

-
074 037 x 1000 37 PV 910
= =
0
-
.

=
.




PMT
= 37




Step 820 69
Fu =


2
06
.




53069"2
"y = 2 .
=
5 .




N= 17

PV =
-910

PMT= 37
Fu =
1000
*2
1/
y
=
4 46682
.
=
8 934 %
.




Step 3




-934
+ 3
% 5 9
.




N = 11 (17-b)
PV = ? ·. 69

PMT : 37

My =
5 97 %
.




Fu =
1000