benchmarks.wiki

benchmarks.wiki / Public workspace

MMLU-Pro / 509 / Consider a forward contract on a 4-year bond with maturity 1 year. The current…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Consider a forward contract on a 4-year bond with maturity 1 year. The current value of the bond is 1018.86,ithasafacevalueof1018.86, it has a face value of 1000 and a coupon rate of 10% per annum. A coupon has just been paid on the bond and further coupons will be paid after 6 months and after 1 year, just prior to delivery. Interest rates for 1 year out are flat at 8%. Compute the forward price of the bond.
Plain-text mathematical notation (without MathML)
Consider a forward contract on a 4-year bond with maturity 1 year. The current value of the bond is 1018.86,ithasafacevalueof1000 and a coupon rate of 10% per annum. A coupon has just been paid on the bond and further coupons will be paid after 6 months and after 1 year, just prior to delivery. Interest rates for 1 year out are flat at 8%. Compute the forward price of the bond.
Original LaTeX notation
Consider a forward contract on a 4-year bond with maturity 1 year. The current value of the bond is $1018.86, it has a face value of $1000 and a coupon rate of 10% per annum. A coupon has just been paid on the bond and further coupons will be paid after 6 months and after 1 year, just prior to delivery. Interest rates for 1 year out are flat at 8%. Compute the forward price of the bond.

category

business

options

  1. 960.40
  2. 1015.30
  3. 1030.88
  4. 990.90
  5. 999.998976
  6. 1050.75
  7. 1020.50
  8. 980.65
  9. 975.20
  10. 1001.10

src

theoremQA-Finance

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

upstream_id / Original problem ID
509
task_id
63436f5a-e717-5599-934f-72859e466ae3
task_key
default--test--509
task_revision_id
1
config / split
default / test

Official source

initial import