NO.PZ2023010301000123
问题如下:
Consider two bonds that are identical except for their coupon rates. The bond that will have the highest interest rate risk most likely has the:
选项:
A.highest coupon rate.
coupon rate closest to its market yield.
lowest coupon rate.
解释:
Correct Answer: C
A lower coupon rate means that more of the bond's value comes from repayment of face value, which occurs at the end of the bond's life.
不明白这道题的考点,老师可以详细解释一下吗