Hoja1TRIMESTRESVNPERDIDAEFCUPONEFFLUJOS01,000-17661.60885.601-155.25-9.752-155.25-9.753-155.25-9.754-155.25-9.755-155.25-9.756-155.25-9.757-155.25-9.758-155.25-9.759-155.25-9.7510-155.25-9.7511-1,000-155.25-1,009.75TIR2.15%TRIMESTRALTIR8.90%ANUALKd * ( 1 - t )

Hoja2SEMESTRESSEMESTRERATING12345678GOBIERNO ( TEA )EMPRESA ( TEA )EMPRESA ( TES )GOBIERNO ( TEA )AAA5.00%5.25%5.50%5.75%6.00%6.25%6.50%6.60%RATINGAAAAA +AAAAAA +15.00%5.50%2.71%EMPRESA ( TEA )AA5.50%5.75%6.00%6.25%6.50%6.75%7.00%7.10%25.25%5.75%2.83%EMPRESA ( TES )AA2.71%2.83%2.96%3.08%3.20%3.32%3.44%3.49%35.50%6.00%2.96%45.75%6.25%3.08%56.00%6.50%3.20%PREG a )VN1,00066.25%6.75%3.32%PLAZO8SEMESTRES76.50%7.00%3.44%Tc3.50%SEMESTRAL86.60%7.10%3.49%COLUMNA DE LAS YTMSICUPONAMRTZFLUJOSFYTMVA011003.503.501002.71%3.4121003.503.501002.83%3.3131003.503.501002.96%3.2141003.503.501003.08%3.1051003.52528.50753.20%24.356752.6252527.63503.32%22.717501.752526.75253.44%21.118250.8752525.8803.49%19.67100.86PRECIO EN BASE CIEN1,008.58PRECIO REAL SOBRE LA PAR

PREG b )EL INVERSOR QUE COMPRO 5,000 BONOS :VA ( VALORIZACION )1,008.58PRECIO QUE PAGO POR BONO1,000INVERSOR GANO POR BONO8.58INVERSOR GANO EN TOTAL42,901.80PREG c )VAVA X NDMcYTMDMdDMdVAR YTMVAR PRECIONUEVO VA0SEMESTRESSEMESTRESAOS13.413.4112.71%0.970.490.50%-0.24%3.4023.316.6222.83%1.940.970.50%-0.49%3.2933.219.6232.96%2.911.460.50%-0.73%3.1843.1012.4043.08%3.881.940.50%-0.97%3.07524.35121.7453.20%4.852.420.50%-1.21%24.05622.71136.2563.32%5.812.900.50%-1.45%22.38721.11147.7773.44%6.773.380.50%-1.69%20.75819.67157.3383.49%7.733.870.50%-1.93%19.2999.42NUEVO PRECIO EN BASE CIEN

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