NO.PZ2023052301000021
问题如下:
Exceptions to the maturity effect exist for bonds that have:
选项:
A.long maturities, make small coupon payments, and trade at a discount.
short maturities, have high coupon rates, and trade at a discount.
long maturities, have high coupon rates, and trade at a premium.
解释:
A is correct. Exceptions to the maturity effect are rare and occur only for low-coupon (but not zero-coupon) long-term bonds trading at a discount.
B is incorrect because the maturity effect holds for bonds that have short maturities and high coupons.
C is incorrect because the maturity effect always holds on bonds priced at a premium above par value.
请问这个知识点在哪里?看不懂题目和答案的意思