问题如下图：
但是题目问的是return并不是price啊，如果是risky bond Return 那应该等于risk free bond return 加上 cds spread啊
选项：
A. 
B. 
C. 
D. 
解释：
NO.PZ2020033002000061问题如下 investor holng a five-yeApple bonwill get a return closest to the return of: A five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault is correct.考点Cret fault Swaps解析 A long corporate bonposition is equivalent to a long Treasury bonposition plus a short C. 当利率上升时，on钱，C支付的增加，也没有得到return呀
NO.PZ2020033002000061问题如下 investor holng a five-yeApple bonwill get a return closest to the return of: A five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault is correct.考点Cret fault Swaps解析 A long corporate bonposition is equivalent to a long Treasury bonposition plus a short C. 如题如题如题如题如题如题
NO.PZ2020033002000061 问题如下 investor holng a five-yeApple bonwill get a return closest to the return of: A five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor pays fixeanreceives a payment in the event of fault A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault is correct.考点Cret fault Swaps解析 A long corporate bonposition is equivalent to a long Treasury bonposition plus a short C. A five-yeU.S. Treasury bonplus a five-yeApple cret fault swon whithe investor receives fixeanmakes a payment in the event of fault.short C或者说short put跟receives fixe什么关联呢，short一个东西就是付浮动的意思吗。
NO.PZ2020033002000061 这题的相关知识点在讲义的哪里
