CFA Level I:Fixed Income - Yield Measures, Spot Rates, and Forward Rates 习题精选
1.
Consider a $1,000 par value bond, with an annual paid coupon of 7%, maturing in 10 years. If the bond is currently selling for $980.74, the YTM is closest to:
A. 8.28%
B. 7.28%
C. 6.28%
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Ans: B;
Use the calculator to calculate YTM:
N=10, PMT=70, FV=1000, PV=-980.74 CPT -> 1/Y=7.28 |
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