Capital de Emisin

Plazo
Tasa bono (Kb) =
Amortizaciones
Fecha Emisin
Se pide:

300,000.00
10 semestres
5%
Semestrales iguales (tipo alemn)
3/14/2014
Determinar el precio del bono el da 15 de abril de 2015, si la tasa
N Cupn

Fecha
Amortizacin Interess
0
3/14/2014
1
9/14/2014 30,000.00
7,500.00
2
3/14/2015 30,000.00
6,750.00
3
9/14/2015 30,000.00
6,000.00
4
3/14/2016 30,000.00
5,250.00
5
9/14/2016 30,000.00
4,500.00
6
3/14/2017 30,000.00
3,750.00
7
9/14/2017 30,000.00
3,000.00
8
3/14/2018 30,000.00
2,250.00
9
9/14/2018 30,000.00
1,500.00
10
3/14/2019 30,000.00
750.00
Fecha a determinar el precio

bril de 2015, si la tasa TIR vigente en el mercado ese da para este tipo de instrumentos es 4,8%
Cupn

ar el precio

37,500.00
36,750.00
36,000.00
35,250.00
34,500.00
33,750.00
33,000.00
32,250.00
31,500.00
30,750.00

Saldo
N Das
Factor Act. Valor Presente
300,000.00
270,000.00
240,000.00
210,000.00
152 0.98039935 35,294.38
180,000.00
334 0.9574349 33,749.58
150,000.00
518 0.93476486 32,249.39
120,000.00
699 0.91298822 30,813.35
90,000.00
883 0.89137059 29,415.23
60,000.00
1064 0.87060488 28,077.01
30,000.00
1248 0.84999079 26,774.71
1429 0.83018909 25,528.31
Precio
241,901.96
4/15/2015
Relacin Par

mentos es 4,8%
Fact. Par

0.97961044 35,265.98
0.95574281 33,689.93
0.93220398 32,161.04
0.90961465 30,699.49
0.8872119 29,277.99
0.86571282 27,919.24
0.84439133 26,598.33
0.82392988 25,335.84
Valor par
240,947.84
100.40%