A-A+

Suppose that as a prospective bondholder you k

2022-08-05 15:49:42 问答库 阅读 169 次

问题详情

Suppose that as a prospective bondholder you know that the market price of a US$6 000 face value one-year bond (Bond A) paying US$120 with a yearly coupon was US$5 700 while an alternative bond of the same class (Bond B ) had a yield-to-maturity of a 5 percent. You would
A.purchase Bond B
B.purchase Bond A
C.be indifferent to which bond to purchase
D.be unable to decide based on the information given请帮忙给出正确答案和分析,谢谢!

参考答案

正确答案:A
解析:答案为A项。本题是要比较两个债券的到期收益率,再做投资决定。A债券的到期收益率:[120+(6000—5700)】÷5700≈37%,到期收益率低于B债券,因此投资者会选择购买B债券。故本题选A项。

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