tongtonggong · 2020年10月12日

问一道题：NO.PZ201701230200000101 第1小题 [ CFA II ]

1. CFA II
2. Fixed Income

* 问题详情，请 查看题干

问题如下：

1. Based on Exhibit 1, the five-year spot rate is closest to:

选项：

A.

4.4%

B.

4.45%

C.

4.5%

解释：

B is correct.

The five-year spot rate is determined by using forward substitution and using the known values of the one-year, two-year, three-year, and four-year spot rates as follows:

为什么是=1，已经假设按照面值发行了吗。