The price of an option-free bond increases by 5% when the yield to maturity decreases by 200 basis points. If the price of this bond decreases by 5%, the yield to maturity most likely increases by:
您的回答A, 正确答案是: C
A
不正确less than 200 basis points.
B
200 basis points.
C
more than 200 basis points.
债券不是有涨多跌少的特点吗？既然价格下跌了，那么跌的肯定没有涨的多，I/Y是跟价格成反向关系的，那么不是应该 少于200吗？
