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. [...]
题目 A 10-year, capital-indexed bond linked to the Consumer Price Index (CPI) is issued with a coupon rate of 6% and a par value of 1,000. The bond pays interest semi-annually. During the first six [...]
题目 A two-year floating-rate note pays 6-month Libor plus 80 basis points. The floater is priced at 97 per 100 of par value. Current 6-month Libor is 1.00%. Assume a 30/360 day-count convention [...]
题目 Contrary to positive bond covenant, negative covenants are most likely: 选项 A.costlier. B.legally enforceable. C.enacted at time of issue. 答案 A 解析 ：A is correct. Affirmative [...]
题目 When underwriting new corporate bonds, matrix pricing is used to get an estimate of the: 选项 A.required yield spread over the benchmark rate. B.market discount rate of other comparable [...]
题目 A bond that is characterized by a fixed periodic payment schedule that reduces the bond’s outstanding principal amount to zero by the maturity date is best described as a: 选项 A.bullet [...]
题目 The benefit to the issuer of a deferred coupon bond is most likely related to: 选项 A.tax management. B.cash flow management. C.original issue discount price. 答案 B 解析 ： B is [...]
题目 Which of the following best describes a convertible bond’s conversion premium? 选项 A.Bond price minus conversion value B.Par value divided by conversion price C.Current share price [...]
题目 The potential benefits of allocating a portion of a portfolio to alternative investments include: 选项 A.ease of manager selection. B.improvement in the portfolio’s risk–return [...]
题目 The first stage of financing at which a venture capital fund most likely invests is the: 选项 A.seed stage. B.mezzanine stage. C.angel investing stage. 答案 A 解析 A is correct. The seed [...]
