题目 Matrix pricing allows investors to estimate market discount rates and prices for bonds: 选项 A.with different coupon rates. B.that are not actively traded. C.with different credit quality. [...]
题目 A yield curve constructed from a sequence of yields-to-maturity on zero-coupon bonds is the: 选项 A.par curve. B.spot curve. C.forward curve. 答案 B 解析 : B is correct. The spot [...]
题目 The type of bond issued by a multilateral agency such as the International Monetary Fund (IMF) is best described as a: 选项 A.sovereign bond. B.supranational bond. C.quasi-government bond. [...]
题目 A bond offers an annual coupon rate of 5%, with interest paid semiannually. The bond matures in seven years. At a market discount rate of 3%, the price of this bond per 100 of par value is [...]
题目 The distinction between investment grade debt and non-investment grade debt is best described by differences in: 选项 A.tax status. B.credit quality. C.maturity dates. 答案 B 解析 : B [...]
题目 The annual yield-to-maturity, stated for with a periodicity of 12, for a 4-year, zero-coupon bond priced at 75 per 100 of par value is closest to: 选项 A.6.25%. B.7.21%. C.7.46%. 答案 B [...]
题目 A 3-year bond offers a 10% coupon rate with interest paid annually. Assuming the following sequence of spot rates, the price of the bond is closest [...]
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 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 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 [...]