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Task 3 . What is the difference between the first and last instalment of a mortgage of 3 5 0 7 0 0 PLN taken
Task What is the difference between the first and last instalment of a mortgage of PLN taken out for years
if the loan is repaid in monthly diminishing instalments and the interest rate is For the last instalment, also provide
the interest and capital instalment.
Task There is a "console" bond on the market ie perpetual bond immediately after the payment of a coupon with a
nominal value of PLN bearing an interest rate of paying coupons at the end of the month. The rate of return
the yield to maturity" on this bond is Please calculate the nominal value of a tenyear zerocoupon bond, which
costs the same as the described perpetual bond and which return to maturity is A perpetual bond is a bond that
is never bought back by the issuer, but it pays to the bond holder the fixed income for an unlimited time for ever
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