题目
A five-year bond has the following cash flows:「huixue_img/importSubject/1564548169201750016.png」The bond can best be described as a:
选项
A.bullet bond.
B.fully amortized bond.
C.partially amortized bond.
答案
B
解析
： B is correct. A bond that is fully amortized is characterized by a fixed periodic payment schedule that reduces the bond’s outstanding principal amount to zero by the maturity date. The stream of ￡230.97 payments reflects the cash flows of a fully amortized bond with a coupon rate of 5% and annual interest payments. ： B是正确的。完全摊销的债券的特点是固定的定期付款计划，在到期日前将债券的未偿本金减至零。230.97英镑的支付反映了票面利率为5%的完全摊销债券的现金流和年利息支付。