NO.PZ202305230100003401
问题如下:
Without doing any calculation, this floating-rate note is priced at:
选项:
A.
a premium.
B.
a discount.
C.
par.
解释:
B is correct. This FRN is priced at a discount, because the quoted margin is less than the discount (required) margin.
quoted margin 和 discount margin 到底是啥