息票率(Coupon rate):息票率是债券计息的基础。 面值× 息票率 = 利息额 当前收益率(Current yield) 年利息额 ÷ 债券的当前市场价格 = 当前收益率 到期收益率(Yield-to-maturity):本质上是一个折现率。 债券未来现金流的现值 = 债券的价格 假设有 2 年期债券,面值为 1000 美元,息票率为 4%,市场价格...
current yield最直观的理解可以类比股票里面的股息收益率,等于1年份的票息/债券发行价格,和YTM两相对比,如果题目说了溢价发行,显然票息率超过了折现率,而票息率=票息/面值; 对于coupon rate和current yield,我们可以根据公式来判断,coupon rate=coupon/par, current yield...
百度试题 题目中国大学MOOC: 对于折价债券而言,以下票面利率(coupon rate)、当期收益率(current yield)与到期殖利率(yield to maturity)的关系何者正确?相关知识点: 试题来源: 解析 票面利率<当期收益率<到期殖利率 反馈 收藏
Coupon rate and current yieldLisa Pallavi Barbora
当coupon rate>YTM时，Face Value当coupon rate购买价格当coupon rate=YTM时，Face Value=购买价格 coupon rate意思是票面利率。所谓到期收益，是指将债券持有到偿还期所获得的收益，包括到期的全部利息。到期收益率(Yield to Maturity，YTM)又称最终收益率，是投资购买国债的内部收益率，即可以使...
市价就是960 股票一般不说利息，应该是股息(dividend)，设定coupon rate的应该是优先股，股息是：1000*7%=70 Current Yield = 70/960 =7.29
The bond yield is the annualized return of the bond. Thus, bond yield depends on the purchase price of the bond, its stated interest rate, usually called the coupon rate— which equals the annual payments by the issuer to the bondholder divided by the par value of the bond — + the ...
For example, if a bond paying 5% interest, or $50, is selling for $900, the current yield is 5.6%. If the market price is $1,200, the current yield is 4.2%. And if bond is selling exactly at par, or $1,000, the current yield is 5%, the same as the coupon rate. ...
How Current Yield Is Calculated If an investor buys a 6% coupon rate bond for a discount of $900, the investor earns an annual interest income of ($1,000 X 6%), or $60. The current yield is ($60) / ($900), or 6.67%. The $60 in annual interest is fixed, regardless of the ...
Yield to Maturity = [C + (FV-PV)/n] / [(FV+PV)/2] where: C is the coupon rate, FV is the face value, PV is the market price, and n is the number of compounding periods. Bond Yield As a Function of Price When a bond’s market price is above par, which is know...