爱考云 - 搜题找答案神器_海量试题解析在线查

题目 The following discount function contains semi-annual discount factors out to two years: d(0.5) = 0.9970, d(1.0) = 0.9911, d(1.5) = 0.9809, d(2.0) = 0.9706. What is the implied eighteen-month [...]

题目 Peter is given the opportunity to pay $100.00 in exchange for his choice of one of the following annuities: I. The first annuity pays $2.00 per month ($24.00 per annum) over the next five [...]

题目 The purchase price of a 3-year 9 percent semiannual coupon bond that is currently yielding 7 percent will be: 选项 A.105.11 B.105.25 C.105.33 D.105.45 答案 C 解析 Answer: CUsing a bond [...]

题目 If the spot rate term structure is flat, what is true of the discount function (i.e., the set of discount factors) as function of maturity? 选项 A.Flat B.Increasing with maturity [...]

题目 The price of a six-month zero-coupon bond is $99.90 and the price of a one-year zero-coupon bond is $98.56. What is the implied six-month forward rate, under semi-annual compounding? 选项 [...]

题目 Which of the following bonds offers the highest yield (YTM)? 选项 A.7-year bond with a 3% coupon trading at par B.20-year bond with a 4% coupon trading at a 15% premium to par C.10-year bond [...]

题目 Peter paid $93.40 to purchase a bond on June 1st, 2018; the bond pays a semi-annual coupon with a coupon rate of 3.0% per annum and matures in 10.0 years on June 1st, 2028. One year later, on [...]

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 [...]

题目 Consider the following, a 7-year zero-coupon bond carries an annual yield of 6.75% and a 6-year zero coupon bond carries an annual yield of 5.87%. Calculate the 1 year forward rate 6 years [...]

题目 Assume the upward-sloping 2-year theoretical spot rate curve, and associated discount factors, below: Consider three bonds with identical par value of $100 and maturity of two years:Bond I is [...]