NO.PZ2023052301000024
问题如下：
A four-year, 2.0% semiannual coupon bond that pays coupons semiannually is trading at a price of 102.581. The bond’s annualized yield-to-maturity is closest to:
选项：
A.0.67%.
1.34%.
2.22%.
解释：
B is correct. Two approaches to calculating the yield-to-maturity are calculating an IRR or using the YIELD function in Microsoft Excel or Google Sheets. The periodic IRR is annualized by multiplying by two.
A is incorrect because 0.67% is the periodic, not annualized, yield-to-maturity.
C is incorrect. Note that this choice can be eliminated because the bond is trading at a premium; thus its yield-to-maturity is lower than its coupon rate of 2.0%.
100的redemption是哪里得出的呢？
