Dong86

刚才打错了，应该是N=8, FV=1000, I=3.5, Compute PV

就这样吧，没什么陷阱吧[em09]

[此贴子已经被作者于2008-12-9 11:50:57编辑过]

Dong86

是啊，我记得我应该是按semi-annual那样算的，呵呵。

Dong86

I thought you just divide the discount rate (which is the same as YTM) by two to get the semi-annual discount rate (which is semi-annual YTM). Even though you're given discount rate, but a zero-coupon bond should still technically be calculated on a semi-annual coupon-paying basis.  Well, I could be wrong.