董同学2020-03-07 22:02:11
A mortgage loan required the borrower to pay €3,200 per month for ten years with the first payment made immediately. Assuming an annual discount rate of 6.5% compounded monthly, the present value of the mortgage loan is closest to: A €266,053. B €281,824. C 为什么这道题的I/Y是6.5%/12,而不是(1 6.5%/12)的12次方-1呢
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Evian, CFA2020-03-08 14:00:30
董同学你好,
因为CF发生的时间点,间隔是按照月来的,所以匹配利率需要月利率。而不是EAR,题目的compounded monthly算是干扰信息
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