Reading 63: Understanding Yield Spreads- LOS g～ Q1-2 should, higher, affect, equivalent, name

yangh

 

LOS g: Identify how embedded options affect yield spreads.

Q1. As compared to an equivalent noncallable bond, a callable bond’s yield should be:

A)   higher.

B)   the same.

C)   lower.

 

Q2. As compared to an equivalent nonputable bond, a putable bond’s yield should be:

A)   lower.

B)   the same.

C)   higher.

 

mikeyanghan

 aa

khaipinglai

 thanks

danforth

d

seraphiris0116

thanks

echopapa

thx

giraffe_lisa

iii

scofield1985

d

heartfc

谢谢楼主的分享

vanisacarlton

aa