题目
A bond with exactly nine years remaining until maturity offers a 3% coupon rate with annual coupons. The bond, with a yield-to-maturity of 5%, is priced at 85.784357 per 100 of par value. The estimated price value of a basis point for the bond is closest to:
选项
A.0.0086.
B.0.0648.
C.0.1295.
答案
B
解析
B is correct. The PVBP is closest to 0.0648. The formula for the price value of a basis point is:「huixue_img/importSubject/1564548167909904384.png」「huixue_img/importSubject/1564548168006373376.png」