2001 4- 1 2001 4- 2 2001 4- 3 to to to - at of as a of 2001 4- 4 he S in us is as a %, is 2001 4- 5 he of a is of by at of PV c p p p n t ( ) ( ). . . . ( )( )1 1 11 22001 4- 6 is of a 6 % a $1,000 a $)60,1)0)03212001 4- 7 is of if of %? 000,1$)60,1)0)03212001 4- 8 is of if of 5 %? 4$) 6 0,1)0)03212001 4- 9 is of if of $)30,1)0.)0)065212001 4- 10 Q: a of of to be in V is to 2001 4- 11 by o of s 2001 4- 12 r) If of a to be by r. PV c p p p n t ( ) ( ). . . . ( )( )1 1 11 22001 4- 13 is TM of a 6 % a $1,000 of 1, 0,1$)1(0 6 0,1)1(60)1(603212001 4- 14 TM by be It is to i” on a 2001 4- 15 R o f re tu to i n co v o f re tu C o u p o n i n c o m e + p ch an v 2001 4- 16 809009209409609801 , 0 0 01 , 0 2 01 , 0 4 01 , 0 6 01 , 0 8 00 5 10 15 20 25 30T i m e M r i 2001 4- 17 5001 , 0 0 01 , 5 0 02 , 0 0 02 , 5 0 03 , 0 0 00 2 4 6 8 10$yr yr 2001 4- 18 24681012141682 85 88 91 94 97K K 2001 4- 19 ill