Q53, is an option-free bond's price sensitivity positively correlated With the: Bond coupon rate? Level of market interest rates? A. NO NO B. NO YES C. YES NO D. YES YES
答案和详解如下:
Q53. C Study session 15-66.c An option – free bond’s price sensitivity (interest rate risk ) is greater when both the coupon rate and rate and level of market interest rates are low; price sensitivity is negatively correlated with both factors.
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