这道题论坛上的解答是不是错的哦 请大家帮忙看下 谢谢 Question 104 Scott Malooly recently paid 109.05 for a $1,000 face value, semi-annual coupon bond with a quoted price of 105.19. Assuming that transaction costs are zero, which of the following statements is most accurate? A) The price Malooly paid covers the amount of the next coupon payment not earned by the seller. B) The bond was trading ex-coupon. C) Malooly purchased the bond between coupon dates. D) The price Malooly paid includes the discounted amount of accrued interest due to seller.
The correct answer was C) Malooly purchased the bond between coupon dates. When a bond trades between two consecutive coupon dates, the seller is entitled to receive interest earned from the previous coupon date until the date of the sale. The price paid includes accrued interest and is referred to as the “dirty price.” The other statements are false. The price Malooly paid includes the amount of the next coupon payment that he, the buyer, has not earned. When a security trades ex-coupon, the buyer pays the clean price, which is the quoted price
without accrued interest. Accrued interest is not discounted when calculating the dirty price of a bond. This question tested from Session 15, Reading 62, LOS c
A 选项应该是对的吧 。按照他的解释 ，A选项是错的 ，是因为不是seller 而是buyer及The price Malooly paid covers the amount of the next coupon payment not earned by the buyer ，所以 A 才错 另外他的解释The price Malooly paid includes the amount of the next coupon payment that he, the buyer, has not earned. 也是错的吧 buyer应为seller 如果要什么都不改的话 按照原题 A 也应该是对的吧？ 请大家看下 谢谢
[此贴子已经被作者于2008-9-18 16:13:18编辑过] | 
发表于 2008-9-18 16:11
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