Bond Bought at Par Example (SOA Exam FM – Financial Mathematics – Module 3, Section 6, Part 3) скачать в хорошем качестве

Bond Bought at Par Example (SOA Exam FM – Financial Mathematics – Module 3, Section 6, Part 3)

Master the “bond bought at par” concept for SOA Exam FM. In this lesson, we: • Price a 4-year bond (FV 1,000, redeemable at 1,200, 3% coupons) at i = 2.5% • Build the bond amortization table and interpret interest, principal, and book value • Derive and apply the premium–discount pricing formula • State the par condition: F·r = R·i (coupon equals interest on price) • Distinguish premium, discount, and par using P vs R AnalystPrep Actuarial Exams Study Packages (video lessons, study notes, question bank, and quizzes) can be found at https://analystprep.com/shop/actuaria... SOA Exam FM (Financial Mathematics) Module 3, Section 6, Part 3 After completing this video you should be able to: Given sufficient partial information about the items listed below, calculate any of the remaining items: Price, book value, amortization of premium, accumulation of discount. Yield rate. Coupon, coupon rate. Example given in the video: You buy a 4-year 1000 face value bond, redeemable at 1200, with 3% annual coupons. Determine the price of the bond to yield 2.5% annual effective. #ExamFM #ActuarialScience #FinancialMathematics #BondPricing #TimeValueOfMoney #YieldToMaturity #ActuaryExam #SOA #AnalystPrep #StudyPlan