A. is expressed as a percentage of the par value of the bond B. is the same as the current yield C. changes when current interest rates change D. changes only when the market price of the bond changes 相关知识点: 试题来源: 解析 A 正确答案:A 解析:答案为A项。coupon“利息,息票”,...
In the last topic we showed how to determine the price of a bond, and we described the relationship between price and yield. In this chapter we discuss various yield measures and their meaning for evaluating the relative attractiveness of a bond. We begin with an explanation of how to comput...
这就是上面这句话:A bond with higher convexity might be expected to have a lower yield的意思。 这里的Expected return是投资债券预期实现的收益率。Expected return可以等于Yield,绝大多数情况是不等的: 因为Yield反应的是持有至到期的收益率,而投资债券不一定持有至到期,所以Expected return(预期实现的收益)就...
See Also: What is a Bond Non-Investment Grade Bonds Covenant Definition of a Bond Contract Zero Coupon Bonds Financial Instruments Yield to Maturity Concept The yield to maturity (YTM) of a bond represents the annual rate of return for the full life of t
The investment return of a bond is the difference between what an investor pays for a bond and what is ultimately received over the term of the bond. The bond yield is the annualized return of the bond. Thus, bond yield depends on the purchase price of the bond, its stated interest ...
例如,the yield of a bond(债券的收益率)、the yield of a stock(股票的回报率)。 【yield的其他用法和例句】 yield还可以用作名词,表示“产量”、“收益”等。例如,The farm"s yield this year was excellent(今年农场的产量非常好)。此外,yield还可以用作动词,表示“放弃”、“让步”等。例如,I cannot ...
例句:The company's low-yield crops were a result of poor weather conditions. 解析:该公司低产作物主要是由于恶劣天气造成的。 (3) bond yield:债券收益率。 例句:The decline in bond yields has led to increased investor interest in the stock market. 解析:债券收益率下降导致投资者对股票市场的兴趣增...
A bond yield is thereturnan investor realizes on abond. Put simply, a bond yield is the return on the capital invested by an investor. Bond yields are different from bond prices—both of which share an inverse relationship. The yield matches the bond's coupon rate when the bond is issued...
The current yield of a bond is calculated by dividing the annual coupon payment by the bond’scurrent market value. Because this formula is based on the market value or purchase price rather than thepar valueof a bond, it more accurately reflects the profitability of a bond, rela...
The Z-spread (zero-volatility spread) is the constant spread such that is added to each spot rate such that the present value of the cash flows matches the price of the bond.【释义】.I-spread,或内插式价差,是指特定债券的收益率利差超过同一货币的标准互换利率。 收益率在实际或插值政府债券的...