问题如下:
Which of the following bonds has the highest coupon payment if other features are the same?
选项:
A.Partially amortized bond.
B.Fully amortized bond.
C.Plain vanilla.
解释:
C is correct.
Coupon payments are calculated on the basis of remaining principal. A plain vanilla's principal will not be amortized, so it has the highest coupon payments.
为什么每期利息支付不是按照par value来算?我混淆了什么,请老师指点一下