问题如下:
A 10-year, option-free bond pays a 7% semiannual coupon. The required YTM on this bond was 7%, but it unexpectedly increased to 7.5%. Then the price of this bond:
选项:
A.decreased.
B.remained the same.
C.increased.
解释:
A is correct.
The relationship between the price of bond and the yield of bond is negative. If the required YTM increases, the price of the bond will decrease.
如果是含权债券,那么,对于price的影响有什么不同