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[CFA level 1模拟真题]Version 1 Questions-Q53

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.

seee

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b

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d

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c

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b

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C

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d

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thanks

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c

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