NO.PZ2018062006000017
问题如下:
Which of the following description about bonds with embedded option is most appropriate?
选项:
A.Putable bonds will have a lower yield than the similar straight bonds.
B.Callable bonds will be more expensive than the similar straight bonds.
C.Convertible bonds will have lower price than the similar straight bonds.
解释:
A is correct.
Putable bonds are beneficial to the bondholders. They usually have a lower yield and higher price than the similar straight bonds.
A怎么理解,请详细回复,谢谢。