问题如下图:
选项:
A.
B.
C.
解释:
请问最开始的1000现金流是啥?
NO.PZ2016031001000023问题如下A five-yebonhthe following cash flows:The boncbest scribea A.bullet bonB.fully amortizebonC.partially amortizebon B is correct.A bonthis fully amortizeis characterizea fixeperioc payment schele threces the bons outstanng principamount to zero the maturity te. The streof £230.97 payments reflects the cash flows of a fully amortizebonwith a coupon rate of 5% anannuinterest payments.考点cash flow structure解析完全摊销的债券的特点是有一个固定的定期支付时间表,使债券的未偿还本金在到期日减少到零。故B正确。 为什么不是c呢。。。
NO.PZ2016031001000023问题如下 A five-yebonhthe following cash flows:The boncbest scribea A.bullet bonB.fully amortizebonC.partially amortizebon B is correct.A bonthis fully amortizeis characterizea fixeperioc payment schele threces the bons outstanng principamount to zero the maturity te. The streof £230.97 payments reflects the cash flows of a fully amortizebonwith a coupon rate of 5% anannuinterest payments.考点cash flow structure解析完全摊销的债券的特点是有一个固定的定期支付时间表,使债券的未偿还本金在到期日减少到零。故B正确。 为什么选fully amortization,判断依据是计算出来的,还是根据现金流特征呢?为什么不选A
为什么是coupon rate=5%而不是YTM?哪里看出是平价发行呢