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momo1997 · 2017年11月07日

问一道题:NO.PZ2017092702000009 [ CFA I ]pv为什么不直接等于2/(6%/4)

问题如下图:
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A.
B.
C.
解释:
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源_品职助教 · 2017年11月08日

因为第一笔现金流发生在未来第五期,所以用2/6%/4)求得的现值是在未来第四期,再将其往前折现4年才能得到当前的现值PV

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