题目
A fixed rate bond, currently priced at 102.9, has one year remaining to maturity and is paying an 8% coupon. Assuming the coupon is paid semiannually, what is the yield of the bond?
选项
A.8%
B.7.77%
C.6%
D.5%
答案
D
解析
Answer: DUsing a bond calculator, PV = -102.9; FV = I00; N = 2; PMT = 4. Solving for I/Y we get 2.4955% × 2 = 5%.使用债券计算器，PV = -102.9;FV= I00;N = 2;PMT = 4。求I/Y，得到2.4955%×2 = 5%。