You have to do - 90.24 PV 6 PMT 100 FV 3 N CPT i/y And you are putting the FV in negative and PV in postive sign..which is wrong. Beacuse, Say you are buying the bond. So you are paying the PV of bond (i.e PV in minus sign) And in return you will receive Coupon each year and face value at thRead more
You have to do
– 90.24 PV
6 PMT
100 FV
3 N
CPT i/y
And you are putting the FV in negative and PV in postive sign..which is wrong.
Beacuse, Say you are buying the bond.
So you are paying the PV of bond (i.e PV in minus sign)
And in return you will receive Coupon each year and face value at the end (i.e. PMT and FV in plus sign).
Fixed income
You have to do - 90.24 PV 6 PMT 100 FV 3 N CPT i/y And you are putting the FV in negative and PV in postive sign..which is wrong. Beacuse, Say you are buying the bond. So you are paying the PV of bond (i.e PV in minus sign) And in return you will receive Coupon each year and face value at thRead more
You have to do
– 90.24 PV
6 PMT
100 FV
3 N
CPT i/y
And you are putting the FV in negative and PV in postive sign..which is wrong.
Beacuse, Say you are buying the bond.
So you are paying the PV of bond (i.e PV in minus sign)
And in return you will receive Coupon each year and face value at the end (i.e. PMT and FV in plus sign).
Hope it helps.
See less