Rachel2019-11-01 21:44:25
问题:Assume a hypothetical 30-y ear bond is issued on 15 August 2019 at a price of 98.195 (as a percentage of par). Each bond has a par value of $1,000. The bond is callable in whole or in part every 15 August from 2029 at the option of the issuer. The call price in2033 is 102.322. The call premium (per $1,000 in par value) in 2033 is closest to? 原题答案是1023.22-1000. 为什么不是1023.22-981.95?
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Danyi2019-11-04 11:58:49
同学你好,
因为call premium的定义是the amount over par paid by the issuer, 所以这里减去的是par value 1000。
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