爱考云 - 搜题找答案神器_海量试题解析在线查

题目 An investor in a country with an original issue discount tax provision purchases a 20-year zero-coupon bond at a deep discount to par value. The investor plans to hold the bond until the [...]

题目 Investors seeking some general protection against a poor economy are most likely to select a: 选项 A.deferred coupon bond. B.credit-linked coupon bond. C.payment-in-kind coupon bond. 答案 [...]

题目 Which of the following statements relating to commercial paper is most accurate? 选项 A.There is no secondary market for trading commercial paper. B.Only the strongest, highly rated [...]

题目 Relative to an otherwise similar option-free bond, a: 选项 A.putable bond will trade at a higher price. B.callable bond will trade at a higher price. C.convertible bond will trade at a lower [...]

题目 When classified by type of issuer, asset-backed securities are part of the: 选项 A.corporate sector. B.structured finance sector. C.government and government-related sector. 答案 B 解析 [...]

题目 An investor who owns a bond with a 9% coupon rate that pays interest semiannually and matures in three years is considering its sale. If the required rate of return on the bond is 11%, the [...]

题目 Corporate bond secondary market trading most often occurs: 选项 A.on a book-entry basis. B.on organized exchanges. C.prior to settlement at T + 1. 答案 A 解析 ： A is correct. The vast [...]

题目 Which of the following statements describing a par curve is incorrect? 选项 A.A par curve is obtained from a spot curve. B.All bonds on a par curve are assumed to have different credit risk. [...]

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 [...]

题目 Clauses that specify the rights of the bondholders and any actions that the issuer is obligated to perform or is prohibited from performing are: 选项 A.covenants. B.collaterals. C.credit [...]