"Fixed Income Investments":the bond-equivalent yield

來源: 正保會計網(wǎng)校編輯：大耳朵圖圖 2020/09/10 14:11:29　字體：大小

學(xué)習(xí)是一個不斷積累的過程，每天學(xué)習(xí)一點(diǎn)，每天進(jìn)步一點(diǎn)！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！

Questions 1:

If the yield-to-maturity on an annual-pay bond is 7.75%, the bond-equivalent yield is closest to:

A. 7.90%.

B. 8.05%.

C. 7.61%.

Questions 2:

A South Korean electronics company issued bonds denominated in US dollars in the United States and registered with the SEC. These bonds are most likely known as a:

A. foreign bond.

B. global bond.

C. eurobond.

View answer resolution

【Answer to question 1】（C）

【analysis】

The bond-equivalent yield =

微信截圖_20200910141041

【Answer to question 2】（A）

【analysis】

Bonds issued by entities that are incorporated in another country are called foreign bonds. Therefore, the bonds issued by a South Korean company in the United States are known as foreign bonds.

成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點(diǎn)點(diǎn)的進(jìn)步，大家一定可以成為人人稱贊的“牛人”。

上一篇："Fixed Income Investments":Yield to matu...

下一篇："Fixed Income Investments":Interest rate...