Correct answer = B
"Introduction to the Valuation of Debt Securities," Frank J. Fabozzi
2008 Modular Level I, Vol. 5, pp. 392-394
Study Session 16-67-d
explain how the price of a bond changes as the bond approaches its maturity date, and compute the change in value that is attributable to the passage of time
The price of the bond one year ago was $90.26 at a yield of 10%
The price of the bond today assuming a yield of 10% is
The change in price attributable to moving to maturity = $91.29 - $90.26 = $1.03
[此贴子已经被作者于2008-5-19 16:37:12编辑过] | 
发表于 2008-5-19 20:25
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