答案和详解如下： 1、Correct answer is A "Risks Associated with Investing in Bonds," Frank J. Fabozzi 2008 Modular Level I, Vol. 5, pp. 266-268 Study Session 15-63-c explain how features of a bond (e.g., maturity, coupon, and embedded options) and the level of a bond's yield affect the bond's interest rate risk An option-free bond's price sensitivity (interest rate risk) is greater when both the coupon rate and level of market interest rates are low; price sensitivity is negatively correlated with both factors.
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发表于 2008-11-12 06:50
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