Plazo Tasa spot

Tasa cupón Cupón Precio YTM t

(años) (teórica)
1 0.00% 0 99.215 0.791% 0.79% 1
2 1.25% 1.25 100.000 1.250% 2.511% 2
3 4.250% 4.25 106.926 3.710% 3.786% 3
4 4.000% 4 106.667 4.478% 4.577% 4
5 2.500% 2.5 100.144 4.938% 5.012% 5
6 3.250% 3.25 103.294 5.298% 5.409% 6

VN 100.00

PARTE 1 s4 0.91
3f2 3.433%

PARTE 2
Plazo (años) Curva spot
1.0 0.396%
2.0 1.255%
3.0 1.893%
4.0 2.289%
5.0 2.506%
6.0 2.704%
c
₂ft n t Tasa (_𝑛^ )𝑓_𝑡 =[(1+𝑠_(𝑛+𝑡) )^(𝑛+𝑡)/(1+𝑠_𝑛
f
3 1 3 1 3.485% 3.485%
f
3 2 3 2 3.433% 3.433%
f
3 3 3 3 3.522% 3.522%

N CUPÓN VA
VN 1000 1 45 43.4844461
TASA CUPÓN 4.50% 2 45 42.0412867
PLAZO 3 3 1045 943.072544
PRECIO 1028.59828

YTM 3.48%
 s z

0.40% 0.99606058
1.3% 0.97535728
1.9% 0.94529951
2.3% 0.91346279
2.5% 0.88359561
2.7% 0.85205064

+𝑡) )^(𝑛+𝑡)/(1+𝑠_𝑛 )^𝑛 ]^(1⁄𝑡)−1