ZERO-COUPON BONDS A zero-coupon bond (also called a pure-discount bond) is a bond that makes no payments until its maturity.Its par value,which is paid at maturity,is the combined repayment of principal and all the interest over the bond's life.Despite the seeming difference,Equation (5.1...
A zero-coupon, or pure discount, bond pays no interest; instead, it is issued at a discount to par value and redeemed at par. As a result, the interest earned is implied and equal to the difference between the par value and the purchase price.【释义】 C正确。 零息或者纯贴现债券不...
Yield to maturity (YTM) is an important metric used in bond markets that describes the total rate of return that is expected from a bond once it has made all of its scheduled interest payments and repays the original principal amount.Zero-coupon bonds(z-bonds), however, do not have reoccu...
A zero-coupon bond is a type of bond that does not pay periodic interest (coupon payments) to the bondholder. Instead, it is sold at a discount to its face
A bond'scoupon rateis the percentage of its face value payable as interest each year. A bond with a coupon rate of zero, therefore, is one that pays no interest. However, this does not mean the bond yields no profit. Instead, a zero coupon bond generates a return at maturity.1 ...
A coupon bond pays annual interest, has a par value of 1000, matures in 4 years, has a annual coupon of 100, and a yield to maturity of 12 percent. The current yield on this bond is:() A. 9.50%. B. 10.65%. C. 11.25%. 相关知识点: 试题来源: 解析 B FV =1000, N=4, PMT...
1A coupon bond which pay interest annually,has par value of $1000,matures in 5 years and has a yield to maturity of 12%.IF the coupon rate is 9%,the intrinsic value of the bond today will be息票债券,每年支付利息,票面价值为1000美元,在5年内到期,到期收益率为12%.如果票面利率为9%,今天...
A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 10%. What is the value of the bond today if the coupon rate is 8%? A. $924.18. B. $2,077.00. C. $1,500.00. 相关知识点: 试题来源: 解析 A 略 ...
1一道投资学的问题如题:a zero-coupon bond has a yield to maturity of 5% and a par value of 1000 dollars. If the bond matures in 16 years, it should sell for price of ___today.a.458dollar b.641 dollarc.789dollar d.1100dollar我的做法是:F=P*(1+16YTM),F是面值=1000,P现在的价格...
结果1 题目A bond that pays no periodic interest but is issued at a discount to its face value is called: A. A zero-coupon bond B. A coupon bond C. A convertible bond D. A junk bond 相关知识点: 试题来源: 解析 A 反馈 收藏 ...