是不是直接理解溢价发行即可？

NO.PZ2016012102000150

问题如下：

When market intertest rates are 8%, a company issues a $1 million bond with a 10% coupon rate, 5 years to maturity, and the interest is paid on an annual.

According to the information, which of the following statements about the bond is correct?

选项：

The initial book value of the bonds is $900,000.

The initial book value of the bonds is $1,079,854.

The initial book value of the bonds is $1,000,000.

解释：

B is correct.

N=5

I/Y=8

PMT=$1,000,000 × 10%=$100,000

FV=$1,000,000

Then CPT=$1,079,854

Option C is not the correct answer, because the coupon rate> the market rate, the bond is a premium bond.

考点：债券账面价值

根据已知条件，算出债券的现值为$1,079,854。又因为，在B/S上确认的债券账面价值等于其现值，所以初始确认的债券账面价值为$1,079,854。

如问题，直接理解为溢价发行，所以初始计量高于面值

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lynn_品职助教 · 2023年05月17日

嗨，爱思考的PZer你好：

如问题，直接理解为溢价发行，所以初始计量高于面值

是的，直接通过coupon rate大于market rate溢价可以判断选择B，大于1,000,000的选项。

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NO.PZ2016012102000150 问题如下 When market intertest rates are 8%, a company issues a $1 million bonwith a 10% coupon rate, 5 years to maturity, anthe interest is paion annual.Accorng to the information, whiof the following statements about the bonis correct? A.The initibook value of the bon is $900,000. B.The initibook value of the bon is $1,079,854. C.The initibook value of the bon is $1,000,000. B is correct.N=5I/Y=8PMT=$1,000,000 × 10%=$100,000FV=$1,000,000Then CPT=$1,079,854Option C is not the correanswer, because the coupon rate the market rate, the bonis a premium bon考点债券账面价值根据已知条件，算出债券的现值为$1,079,854。又因为，在B/S上确认的债券账面价值等于其现值，所以初始确认的债券账面价值为$1,079,854。 coupon rate大于market rate，溢价发行，直接选大于1000000的答案，对吗

2022-09-22 23:45 1 · 回答

NO.PZ2016012102000150 你好老师，关于book value 我认为的是bonfavalue，如果按照答案，应该是市场的market value, 请问这个理解对不对？

2021-04-11 04:38 1 · 回答

是不是直接理解溢价发行即可？

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