Date PNB STOCKBSE INDEX MARKET R STOCK RETURN

1-Apr-22 36.3 59276.69

4-Apr-22 36.9 60611.74 0.022272 0.016394
5-Apr-22 36.95 60176.5 -0.007207 0.001354
6-Apr-22 37.65 59610.41 -0.009452 0.018767
7-Apr-22 37.45 59034.95 -0.009701 -0.005326
8-Apr-22 37.75 59447.18 0.006959 0.007979
11-Apr-22 37.45 58964.57 -0.008151 -0.007979
12-Apr-22 36.75 58576.37 -0.006605 -0.018868
13-Apr-22 36.65 58338.93 -0.004062 -0.002725
18-Apr-22 36.2 57166.74 -0.020297 -0.012354
19-Apr-22 35.7 56463.15 -0.012384 -0.013908
20-Apr-22 35.7 57037.5 0.010121 0
21-Apr-22 35.95 57911.68 0.01521 0.006978
22-Apr-22 35.45 57197.15 -0.012415 -0.014006
25-Apr-22 34.95 56579.89 -0.01085 -0.014205
26-Apr-22 35.6 57356.61 0.013634 0.018427
27-Apr-22 35.4 56819.39 -0.00941 -0.005634
28-Apr-22 35.25 57521.06 0.012274 -0.004246
29-Apr-22 35.05 57060.87 -0.008033 -0.00569
2-May-22 35.05 56975.99 -0.001489 0
4-May-22 34.35 55669.03 -0.023206 -0.020174
5-May-22 34.25 55702.23 0.000596 -0.002915
6-May-22 33.85 54835.58 -0.015681 -0.011748
9-May-22 33.5 54470.67 -0.006677 -0.010394
10-May-22 33.3 54364.85 -0.001945 -0.005988
11-May-22 33.1 54088.39 -0.005098 -0.006024
12-May-22 28.6 52930.31 -0.021643 -0.146127
13-May-22 29.3 52793.62 -0.002586 0.024181
16-May-22 29.55 52973.84 0.003408 0.008496
17-May-22 29.95 54318.47 0.025066 0.013446
18-May-22 29.7 54208.53 -0.002026 -0.008382
19-May-22 29.2 52792.23 -0.026474 -0.016978
20-May-22 29.95 54326.39 0.028646 0.025361
23-May-22 30.6 54288.61 -0.000696 0.021471
24-May-22 30.35 54052.61 -0.004357 -0.008203
25-May-22 29.8 53749.26 -0.005628 -0.018288
26-May-22 30.25 54252.53 0.00932 0.014988
27-May-22 30.45 54884.66 0.011584 0.00659
30-May-22 31.7 55925.74 0.018791 0.040231
31-May-22 31.35 55566.41 -0.006446 -0.011102
1-Jun-22 31.4 55381.17 -0.003339 0.001594
2-Jun-22 32.05 55818.11 0.007859 0.020489
3-Jun-22 31.55 55769.23 -0.000876 -0.015724
6-Jun-22 31.5 55675.32 -0.001685 -0.001586
7-Jun-22 31.2 55107.34 -0.010254 -0.009569
8-Jun-22 31.2 54892.49 -0.003906 0
 9-Jun-22 31.1 55320.28 0.007763 -0.00321
10-Jun-22 30.9 54303.44 -0.018552 -0.006452
13-Jun-22 30.1 52846.7 -0.027192 -0.026231
14-Jun-22 29.9 52693.57 -0.002902 -0.006667
15-Jun-22 29.9 52541.39 -0.002892 0
16-Jun-22 29.05 51495.79 -0.020101 -0.02884
17-Jun-22 29.05 51360.42 -0.002632 0
20-Jun-22 28.45 51597.84 0.004612 -0.02087
21-Jun-22 29.75 52532.07 0.017944 0.044681
22-Jun-22 29.3 51822.53 -0.013599 -0.015242
23-Jun-22 29.2 52265.72 0.008516 -0.003419
24-Jun-22 29.55 52727.98 0.008806 0.011915
27-Jun-22 29.55 53161.28 0.008184 0
28-Jun-22 29.75 53177.45 0.000304 0.006745
29-Jun-22 29.75 53026.97 -0.002834 0
30-Jun-22 29.05 53018.94 -0.000151 -0.023811
1-Jul-22 29.45 52907.93 -0.002096 0.013675
4-Jul-22 30 53234.77 0.006159 0.018503
5-Jul-22 29.7 53134.35 -0.001888 -0.01005
6-Jul-22 29.95 53750.97 0.011538 0.008382
7-Jul-22 31 54178.46 0.007922 0.034458
8-Jul-22 30.65 54481.84 0.005584 -0.011355
11-Jul-22 31 54395.23 -0.001591 0.011355
12-Jul-22 30.85 53886.61 -0.009394 -0.00485
13-Jul-22 30.75 53514.15 -0.006936 -0.003247
14-Jul-22 30.4 53416.15 -0.001833 -0.011447
15-Jul-22 30.3 53760.78 0.006431 -0.003295
18-Jul-22 31.35 54521.15 0.014044 0.034067
19-Jul-22 31.6 54767.62 0.00451 0.007943
20-Jul-22 31.4 55397.53 0.011436 -0.006349
21-Jul-22 31.85 55681.95 0.005121 0.014229
22-Jul-22 31.75 56072.23 0.006985 -0.003145
25-Jul-22 31.6 55766.22 -0.005472 -0.004736
26-Jul-22 31.65 55268.49 -0.008965 0.001581
27-Jul-22 32 55816.32 0.009863 0.010998
28-Jul-22 32.6 56857.79 0.018487 0.018576
29-Jul-22 31.35 57570.25 0.012453 -0.039098
1-Aug-22 33.35 58115.5 0.009426 0.061844
2-Aug-22 34.2 58136.36 0.000359 0.025168
3-Aug-22 34 58350.53 0.003677 -0.005865
4-Aug-22 33.4 58298.8 -0.000887 -0.017805
5-Aug-22 33.5 58387.93 0.001528 0.00299
8-Aug-22 33.35 58853.07 0.007935 -0.004488
10-Aug-22 33 58817.29 -0.000608 -0.01055
11-Aug-22 33.4 59332.6 0.008723 0.012048
12-Aug-22 33.3 59462.78 0.002192 -0.002999
16-Aug-22 33.5 59842.21 0.006361 0.005988
17-Aug-22 34.45 60260.13 0.006959 0.027964
18-Aug-22 34.15 60298 0.000628 -0.008746
19-Aug-22 33.35 59646.15 -0.010869 -0.023705
22-Aug-22 32.4 58773.87 -0.014732 -0.028899
23-Aug-22 33 59031.3 0.00437 0.018349
24-Aug-22 33.5 59085.43 0.000917 0.015038
25-Aug-22 35.3 58774.72 -0.005273 0.052338
26-Aug-22 35.65 58833.87 0.001006 0.009866
29-Aug-22 35.3 57972.62 -0.014747 -0.009866
30-Aug-22 35.85 59537.07 0.026628 0.015461
1-Sep-22 35.75 58766.59 -0.013026 -0.002793
2-Sep-22 35.2 58803.33 0.000625 -0.015504
5-Sep-22 35.7 59245.98 0.007499 0.014105
6-Sep-22 37.2 59196.99 -0.000827 0.041158
7-Sep-22 37.6 59028.91 -0.002843 0.010695
8-Sep-22 38.35 59688.22 0.011107 0.01975
9-Sep-22 39 59793.14 0.001756 0.016807
12-Sep-22 40.05 60115.13 0.005371 0.026567
13-Sep-22 39.55 60571.08 0.007556 -0.012563
14-Sep-22 40.1 60346.97 -0.003707 0.013811
15-Sep-22 40.45 59934.01 -0.006867 0.00869
16-Sep-22 39.6 58840.79 -0.018409 -0.021238
19-Sep-22 40.4 59141.23 0.005093 0.020001
20-Sep-22 40.65 59719.74 0.009734 0.006169
21-Sep-22 40.15 59456.78 -0.004413 -0.012376
22-Sep-22 40.45 59119.72 -0.005685 0.007444
23-Sep-22 38.15 58098.92 -0.017417 -0.058541
26-Sep-22 36 57145.22 -0.016551 -0.058007
27-Sep-22 36.8 57107.52 -0.00066 0.021979
28-Sep-22 34.85 56598.28 -0.008957 -0.054445
29-Sep-22 34.8 56409.96 -0.003333 -0.001436
30-Sep-22 36.55 57426.92 0.017867 0.049064
3-Oct-22 35.45 56788.81 -0.011174 -0.030558
4-Oct-22 36.45 58065.47 0.022232 0.027818
6-Oct-22 36.65 58222.1 0.002694 0.005472
7-Oct-22 36.65 58191.29 -0.000529 0
10-Oct-22 36.5 57991.11 -0.003446 -0.004101
11-Oct-22 35.7 57147.32 -0.014657 -0.022162
12-Oct-22 36.3 57625.91 0.00834 0.016667
13-Oct-22 35.9 57235.33 -0.006801 -0.01108
14-Oct-22 35.85 57919.97 0.011891 -0.001394
17-Oct-22 36.9 58410.98 0.008442 0.028868
18-Oct-22 38.85 58960.6 0.009366 0.051497
19-Oct-22 39.35 59107.19 0.002483 0.012788
20-Oct-22 40.5 59202.9 0.001618 0.028806
21-Oct-22 40.75 59307.15 0.001759 0.006154
24-Oct-22 41.1 59831.66 0.008805 0.008552
25-Oct-22 43.3 59543.96 -0.00482 0.052145
27-Oct-22 43.05 59756.84 0.003569 -0.00579
28-Oct-22 43.05 59959.85 0.003392 0
31-Oct-22 42.6 60746.59 0.013036 -0.010508
1-Nov-22 40.1 61121.35 0.00615 -0.060478
2-Nov-22 39.2 60906.09 -0.003528 -0.0227
3-Nov-22 41.3 60836.41 -0.001145 0.052186
4-Nov-22 41.75 60950.36 0.001871 0.010837
7-Nov-22 41.85 61185.15 0.003845 0.002392
9-Nov-22 44.95 61033.55 -0.002481 0.071459
10-Nov-22 44 60613.7 -0.006903 -0.021361
11-Nov-22 44.75 61795.04 0.019302 0.016902
14-Nov-22 43.95 61624.15 -0.002769 -0.018039
15-Nov-22 43.95 61872.99 0.00403 0
16-Nov-22 44.15 61980.72 0.00174 0.00454
17-Nov-22 44.3 61750.6 -0.00372 0.003392
18-Nov-22 45.85 61663.48 -0.001412 0.034391
21-Nov-22 47.6 61144.84 -0.008446 0.037458
22-Nov-22 48.15 61418.96 0.004473 0.011488
23-Nov-22 50.35 61510.58 0.001491 0.044677
24-Nov-22 50.8 62272.68 0.012314 0.008898
25-Nov-22 53.55 62293.64 0.000337 0.052719
28-Nov-22 53.4 62504.8 0.003384 -0.002805
29-Nov-22 52.45 62681.84 0.002828 -0.01795
30-Nov-22 51.3 63099.65 0.006643 -0.02217
1-Dec-22 53.2 63284.19 0.00292 0.036368
2-Dec-22 54 62868.5 -0.00659 0.014926
5-Dec-22 55.1 62834.6 -0.000539 0.020166
6-Dec-22 55.45 62626.36 -0.00332 0.006332
7-Dec-22 55.45 62410.68 -0.00345 0
8-Dec-22 57.7 62570.68 0.00256 0.039775
9-Dec-22 56.25 62181.67 -0.006237 -0.025451
12-Dec-22 58.15 62130.57 -0.000822 0.03322
13-Dec-22 59.95 62533.3 0.006461 0.030485
14-Dec-22 59.25 62677.91 0.00231 -0.011745
15-Dec-22 59.3 61799.03 -0.014121 0.000844
16-Dec-22 56.75 61337.81 -0.007491 -0.043954
19-Dec-22 56.05 61806.19 0.007607 -0.012412
20-Dec-22 55.5 61702.29 -0.001682 -0.009861
21-Dec-22 53.15 61067.24 -0.010345 -0.043265
22-Dec-22 53.75 60826.22 -0.003955 0.011226
23-Dec-22 49.7 59845.29 -0.016258 -0.078339
26-Dec-22 53.55 60566.42 0.011978 0.074611
27-Dec-22 54.2 60927.43 0.005943 0.012065
28-Dec-22 54.85 60910.28 -0.000282 0.011921
29-Dec-22 55.3 61133.88 0.003664 0.008171
30-Dec-22 56.45 60840.74 -0.004807 0.020582
 2-Jan-23 57.15 61167.79 0.005361 0.012324
3-Jan-23 57.8 61294.2 0.002064 0.011309
4-Jan-23 56.25 60657.45 -0.010443 -0.027183
5-Jan-23 56.75 60353.27 -0.005027 0.00885
6-Jan-23 56.4 59900.37 -0.007532 -0.006186
9-Jan-23 57.1 60747.31 0.01404 0.012335
10-Jan-23 55.1 60115.48 -0.010455 -0.035654
11-Jan-23 56.4 60105.5 -0.000166 0.023319
12-Jan-23 55.85 59958.03 -0.002457 -0.0098
13-Jan-23 56.8 60261.18 0.005043 0.016867
16-Jan-23 58.9 60092.97 -0.002795 0.036305
17-Jan-23 57.7 60655.72 0.009321 -0.020584
18-Jan-23 56.75 61045.74 0.006409 -0.016602
19-Jan-23 57.2 60858.43 -0.003073 0.007898
20-Jan-23 57 60621.77 -0.003896 -0.003503
23-Jan-23 56.8 60941.67 0.005263 -0.003515
24-Jan-23 55.5 60978.75 0.000608 -0.023153
25-Jan-23 53.65 60205.06 -0.012769 -0.033902
27-Jan-23 50.8 59330.9 -0.014626 -0.054585
30-Jan-23 50.7 59500.41 0.002853 -0.00197
31-Jan-23 53.6 59549.9 0.000831 0.055623
1-Feb-23 50.3 59708.08 0.002653 -0.063544
2-Feb-23 50.85 59932.24 0.003747 0.010875
3-Feb-23 51.8 60841.88 0.015064 0.01851
6-Feb-23 51.4 60506.9 -0.005521 -0.007752
7-Feb-23 51.3 60286.04 -0.003657 -0.001947
8-Feb-23 51.55 60663.79 0.006246 0.004861
9-Feb-23 51.05 60806.22 0.002345 -0.009747
10-Feb-23 51.25 60682.7 -0.002033 0.00391
13-Feb-23 50.2 60431.84 -0.004143 -0.020701
14-Feb-23 50.85 61032.26 0.009886 0.012865
15-Feb-23 50.85 61275.09 0.003971 0
16-Feb-23 50.85 61319.51 0.000725 0
17-Feb-23 49.7 61002.57 -0.005182 -0.022875
20-Feb-23 49.5 60691.54 -0.005112 -0.004032
21-Feb-23 49.1 60672.72 -0.00031 -0.008114
22-Feb-23 47.8 59744.98 -0.015409 -0.026833
23-Feb-23 48.2 59605.8 -0.002332 0.008333
24-Feb-23 47.55 59463.93 -0.002383 -0.013577
27-Feb-23 48.1 59288.35 -0.002957 0.0115
28-Feb-23 48.35 58962.12 -0.005518 0.005184
1-Mar-23 50.11 59411.08 0.007586 0.035754
2-Mar-23 49.76 58909.35 -0.008481 -0.007009
3-Mar-23 51.78 59808.97 0.015156 0.039793
6-Mar-23 51.29 60224.46 0.006923 -0.009508
8-Mar-23 51.49 60348.09 0.002051 0.003892
9-Mar-23 50.86 59806.28 -0.009019 -0.012311 Chart Title
0.1

0.05
 Chart Title
10-Mar-23 49.94 59135.13 -0.011286 -0.018254
0.1
13-Mar-23 48.18 58237.85 -0.01529 -0.035878
14-Mar-23 48.17 57900.19 -0.005815 -0.000208
0.05
15-Mar-23 47.71 57555.9 -0.005964 -0.009595
f(x) = 1.32103341083307 x + 0.00104238360226507
16-Mar-23 48.03 57634.84 0.001371 0.006685 R² = 0.24514703792437
0
17-Mar-23 47.95 57989.9 0.006142 -0.001667 -0.03 -0.02 -0.01 0 0.01 0.02
20-Mar-23 46.94 57628.95 -0.006244 -0.021289 -0.05
21-Mar-23 47.82 58074.68 0.007705 0.018574
22-Mar-23 47.85 58214.59 0.002406 0.000627 -0.1
23-Mar-23 46.87 57925.28 -0.004982 -0.020693
24-Mar-23 45.57 57527.1 -0.006898 -0.028128 -0.15
27-Mar-23 45.6 57653.86 0.002201 0.000658
28-Mar-23 44.92 57613.72 -0.000696 -0.015025 -0.2
29-Mar-23 46.21 57960.09 0.005994 0.028313
31-Mar-23 46.71 58991.52 0.017639 0.010762 SUMMARY OUTPUT

Regression Statistics
Multiple R 0.495123
R Square 0.245147
Adjusted R 0.242079
Standard E 0.021647
Observatio 248

ANOVA
df SS MS
Regression 1 0.037436 0.037436
Residual 246 0.115271 0.000469
Total 247 0.152707

Coefficients
Standard Error t Stat
Intercept 0.001042 0.001375 0.758333
X Variable 1.321033 0.147796 8.938192
Chart Title
1

5
Chart Title
1

5
00104238360226507
0
0 0.01 0.02 0.03 0.04

F Significance F
79.89128 9.62E-17

P-value Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
0.448978 -0.001665 0.00375 -0.001665 0.00375
9.62E-17 1.029925 1.612141 1.029925 1.612141
market price 82 9.565217
coupon rate 11% 49.71767
59.28289

49.71767

9.565217
8.31758
7.232679
6.289286
5.468944
49.71767
86.59138
fc value bond A
coupon rate year ct PVF @ 6% (PVF*CT)
1 70 0.943 66.01
2 70 0.89 62.3
3 70 0.84 58.8
4 1070 0.792 847.44
1034.55

bond b
year ct PVF @ 6% (PVF*CT)
1 80 0.943 75.44
2 80 0.89 71.2
3 80 0.84 67.2
4 1080 0.792 855.36
1069.2
(PVF*CT)/P0 ((PVF*CT)/P0)*t)
0.063805519 0.063805519308
0.060219419 0.120438838142
0.056836306 0.17050891692
0.819138756 3.276555023923
3.631308298294

(PVF*CT)/P0 ((PVF*CT)/P0)*t)
0.070557426 0.070557426113
0.066591844 0.133183688739
0.06285073 0.188552188552
0.8 3.2
3.592293303404