The bond equivalent yield of a 180-day b...

题目

The bond equivalent yield of a 180-day banker’s acceptance quoted at a discount rate of 4.25% for a 360-day year is closest to:

选项

A.4.31%.

B.4.34%.

C.4.40%.

答案

C

解析

C is correct. The bond equivalent yield is closest to 4.40%.「huixue_img/importSubject/1564548167188484096.png」Note that the PV is calculated using an assumed 360-day year and the AOR (bond equivalent yield) is calculated using a 365-day year.
C是正确的。债券等价收益率接近4.40%。 注意：PV使用假定的360天年计算，AOR（债券等价收益率）使用365天年计算。