Question

笑笑

貨幣銀行學問題

有人知道下面這個表格要怎麼計算出來嗎??

Price next year那欄完全沒頭緒

One-year returns on different-maturity 5% coupon rate bonds when interests rise from 5% to 10%.
Face value of the bond is 1000.
Years to
maturity when
bond is
purchased
30
20
10
3
2
1
Initial
current
yield (%)
LO
5
LO
5
LO
5
LO
5
5
5
Initial price
1000
1000
1000
1000
1000
1000
Price next
year
Rate of
capital
return
Rate of
return

商管 貨幣銀行學