Q13. The bond-equivalent yield for a semi-annual pay bond is most likely: A. equal to the effective annual yield. B. Mare titan the effective annual yield. C. Equal to the semi-annual yield to maturity. D. Equal to double the semi-annual yield to maturity.
答案和详解如下:
Q13. D 07 Modular Ll, Vol.l, P.231 Study Sessinn2-6.d The bead equivalent yield for a semi-annual pay bond is equal to double the semiannual yield maturity.
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