[問題] BPP FM 裡面關於T-bill的問題

看板CFAiafeFSA (精算師/基金經理人/銀行家)作者 (放假囉~)時間12年前 (2013/02/04 23:35), 編輯推噓1(100)
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Question 6.17 A T-bill maturing in 150 days for $1,000,000 has a current price of $979,167. A T-bill maturing in 60 days for $1,000,000 has a current price of $993,333. Calculate the future price of a 90-day T-bill to be delivered in 60 days. 解答的答案是 (1+rf)^(T-t)=1,000,000/993,333 F(t,T)=St(1+rf)^(T-t)=979,167*1,000,000/993,333=985,739 我想請問的是為什麼St可以用979,167去代 -- ※ 發信站: 批踢踢實業坊(ptt.cc) ◆ From: 42.75.254.3

02/16 15:18, , 1F
It is a simple forward rate... Google
02/16 15:18, 1F
文章代碼(AID): #1H3zL5X- (CFAiafeFSA)
文章代碼(AID): #1H3zL5X- (CFAiafeFSA)