Using the following spot rates, what is the price of a three-year bond with annual coupon payments of 5%? One-year rate: 4.78% Two-year rate: 5.56% Three-year rate: 5.98% A $98.87. B $93.27. C $97.47. 是因为每年付息一次spot rate就不用除以2了吗？

老师，R=Rf+RP里面的Rf是名义利率还是实际利率？

冯老师这题spot怎么求？找不到关系

冯老师这题我知道是先要求spot rate，但是，8.15% 10.3% 12%分别是那段的收益率呢？

冯老师，首先1-year forward rate three year 怎么是4y1y？应该是1y3y呀？还是就是时间轴，我画的这样，我根本看不出关系

第11题关于b选项解释是反的 没有解释清楚

Given the one-year spot rate and the implied 1-year forward rates one, two, and three years from now of: what is the theoretical 4-year spot rate? A 6.75%. B 6.25%. C 6.00%. 冯老师能否在纸上画个时间轴详细给算算这种题，百思不得其解

老师，bilateral loan是双边贷款，不是单边贷款

老师您好 第17题 financial bond类 没看懂答案的解析 加红字的部分：carrying amount of the bond是说 ending balance时bond的值么；根据BASE法则 E就是Ending 与B一起计于B/S表 如果最终比market value大 是否可根据这句话判断discount/premium？这与economic liability有什么联系么？

请问韩老师这个是不是讲错了，价格和需求应该是反向的，价格与供给应该是正向的