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919

關於bond債券的數學題...急!!

a)Find the price of the bonds or debentures given V(face value)=100

20 years to maturity

interest at 10% p.a. to yield 11% p.a.b)How many thousands of dollars face value can be purchased for $100 000? How much of the $100 000 is left over?part a我的答案為91.98

跟書內的一樣

但part b我不懂計我的計法...100 000/ 91.98=1087

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