NO.PZ201701230200000101
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:
这里怎么知道是考par rate=coupon rate的特殊债券