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A 3-year bond offers a 10% coupon rate w...

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题目

A 3-year bond offers a 10% coupon rate with interest paid annually. Assuming the following sequence of spot rates, the price of the bond is closest to:「huixue_img/importSubject/1564548169268858880.png」

选项

A.96.98.

B.101.46.

C.102.95.

答案

B

解析

B is correct. The bond price is closest to 101.46.「huixue_img/importSubject/1564548169340162048.png」