NO.PZ202304070100000602
问题如下：
Alexander asks about Nguyen’s current trading activities. Nguyen states that she has a two-year investment horizon and will purchase Bond Z as part of a strategy to ride the yield curve. By choosing to buy Bond Z, Nguyen is most likely making which of the following assumptions?
选项：
A.Bond Z will be held to maturity.
The three-year forward curve is above the spot curve.
Future spot rates do not accurately reflect future inflation.
解释：
Correct Answer: B
Nguyen’s strategy is to ride the yield curve, which is appropriate when the yield curve is upward sloping. The yield curve implied by Exhibit 1 is upward sloping, which implies that the three-year forward curve is above the current spot curve. When the yield curve slopes upward, as a bond approaches maturity or “rolls down the yield curve,” the bond is valued at successively lower yields and higher prices.
这是怎么推断出来的？
