Pervalue FU
True or False
YTMYield
Prices = price%x per value
r
Annual coupon = coupon rate % per value = $ ‫اﻟﻨﺎﺗﺞ ﺑـ‬
x
Current Yield = $coupon / price = % 100 ‫اﺿﺮب اﻟﻨﺎﺗﺞ اﻟﻠﻲ ﯾﻄﻠﻊ ﻓﻲ‬
Ch7- annual dividend = dividend rate % per value ، ‫ﻓﻲ اﻻﺳﮭﻢ اﻟﻤﻤﺘﺎزه‬
x
1)Annual Bond
the
Coupon = per valuey coupon Rate ,
discount rate
2
or( Annual coupon , internet payment)
V
b
PUIFannuity
3
3
Pu
pervanexoupon
d
24
pv
it
1
a
2)Semiannual Bond (‫)ﻧﺼﻒ ﺳﻨﻮي‬
Zero Bonds
2
nxz
E
3 coupon
too tenant
• Semiannual: ‫ﻧﻔﺲ اﻟﻘﻮاﻧﯿﻦ اﻟﺜﻼث اﻟﻠﻲ ﻓﻮق ﺑﺲ اھﻢ ﺷﻲ اطﺒﻖ اﻟﺜﻼث ﺧﻄﻮات‬
•(‫ ﻣﻌﻄﻰ ﻟﻜﻦ ﻏﯿﺮ ﻣﺒﺎﺷﺮ ) اطﺮﺣﮭﺎ ﻣﻦ رﻗﻢ اﺧﺮ‬n ‫ ﺗﻜﻮن‬، 6.2A pricing bond after original issue ‫ﻓﻘﻂ ﻓﯿﮫ ﻓﻜﺮة وﺣﺪه‬
3)Zero-Coupon Bonds
Bond price =
2