TD 1

investissement 48000 taux 5%

temps flux flux actualisé

1 10400 9904.76
2 13400 12154.20
3 14600 12612.03
4 17000 13985.94
48656.93

VAN 656.93 5.000% 656.927926121

10.000% -4890.6495458
7.500% -2248.09107052
6.250% -830.44982699
5.625% -95.7529120691
5.313% 278.303999337
5.469% 90.7091594363
5.547% -2.66291546495
5.508% 43.9877927938
5.527% 20.653615055
5.537% 8.99314497758
5.542% 3.1645636875
5.544% 0.250686361
5.546% -1.20614898741
5.545% -0.47773992234
5.545% -0.11352893298

TD 2

calcul partie 2

Exercice 1
post comptés
montant 200,000 € 1,000 €
durée 60
taux 3%
 taux actualisation VAN
4.00% 1900.07
4.25% 1584.70
4.50% 1272.41 3000.00

4.75% 963.16
5.00% 656.93 2000.00
5.25% 353.66
5.50% 53.33
5.75% -244.11 1000.00
6.00% -538.69
6.25% -830.45 0.00
6.50% -1119.42 3.00% 4.00% 5.00% 6.
6.75% -1405.63
7.00% -1689.13 -1000.00
7.25% -1969.94
7.50% -2248.09 -2000.00
7.75% -2523.63
8.00% -2796.57
8.25% -3066.96 -3000.00
8.50% -3334.82
8.75% -3600.19
-4000.00
9.00% -3863.10
9.25% -4123.56
9.50% -4381.63 -5000.00
9.75% -4637.31
10.00% -4890.65
-6000.00
10.25% -5141.67
10.50% -5390.39
10.75% -5636.85 -7000.00
11.00% -5881.07

pré comptés
somme 199004.97512438
intérêts 995.0249 €
201000 pour avoir 200k€ en pré compté
 VAN
0

0
.00% 4.00% 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00%

0
Evaluation obligation in fine à l'émission

nominal 1000
taux coupon 10.00%
taux actuariel 4.00%

Evaluation obligation in fine après l'émission

nominal 1000
taux coupon 6.00%
taux actuariel 5.00%

durée av prochain coupon 265

Evaluation obligation in fine et coupon couru

nominal 1000
taux coupon 4.50%
taux actuariel 5.00%

date achat 30-Oct-23

prochain coupon 1-Apr-24

durée av prochain coupon 154

taux de rendement réalisé

nominal 1000 remboursement 1080

taux coupon 5.00%
taux actuariel 3.00%
 1 2 3
1-Apr-25 1-Apr-26 1-Apr-27
100 100 1100
96.1538462 92.455621302 977.895995 1166.50546

année 0 1 2 3 4
coupon 60 60 60 60 60
57.9118233 55.1541175 52.527730911 50.0264104 47.6442004

0 1 2 3
1-Apr-24 1-Apr-25 1-Apr-26 1-Apr-27
45 45 45 1045
VA au 30 oct 2023 44.0831248 41.9839283 39.984693657 884.317563 1010.36931

coupon couru au 30 oct 2023 26.0136986

obligation nue 984.355612 soit 98.436%

1 2 3 4

50 50 50 1130
48.5436893 47.129795457 45.757083 1003.99036

prix de revente au bout de 2 ans 48.5436893 1065.13338

51.5 50
 TRR

taux passe à 6%
47.1698113 1005.69598

TRR
 5 6
60 1060
45.3754289 763.459598 1072.09931

vérif 1072.09931

0.96519706 5.07569207 790.98832

1145.42093

1113.67707
101.5
1215.17707
 3.0000%

1052.86579
101.5
1154.36579

0.3897%
C1 10
C2 10 106
C3+VR 110

taux 0.08 105.154194

0.082 104.622085 104
0.084 104.093775
0.086 103.569229
0.088 103.048413
102
0.09 102.531295
0.092 102.017839
0.094 101.508015
0.096 101.001788 100
0.098 100.499127
0.1 100
0.102 99.5043756
0.104 99.0122226 98
0.106 98.5235102
0.108 98.0382078
0.11 97.5562853
0.112 97.0777128 96
0.114 96.6024608
0.116 96.1305002
0.118 95.6618019
94
0.12 95.1963375

92

90
0.075 0.08 0.085 0.09
 Chart Title

0.085 0.09 0.095 0.1 0.105 0.11 0.115 0.12 0.125

2 0.125