Relative to coupon-bearing bonds of same...

题目

Relative to coupon-bearing bonds of same maturity, zero-coupon bonds are not subject to which type of risk?

选项

A.Interest rate risk

B.Credit risk

C.Reinvestment risk

D.Liquidity risk

答案

C

解析

Since zero-coupon bonds have no coupons, there is nothing to reinvest. They are subject to all of the other risks listed, however.由于零息债券没有息票，因此没有任何可再投资的内容。