题目
BFIN011 Week 6: Practice Quiz
多重下拉选择题
Identify the type of bond in the following conditions Market rate vs Coupon rate Face value vs Present Value Bond (Discount/Par/Premium) Market rate > Coupon rate Face value > Present Value [ Select ] Par Discount Premium Market rate = Coupon rate Face value = Present Value [ Select ] Par Discount Premium Market rate < Coupon rate Face value < Coupon rate [ Select ] Premium Par Discount
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标准答案
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思路分析
To approach this, we match each market condition with the typical bond pricing outcome and its relation to face value.
First dropdown:
- Market rate > Coupon rate: When the market interest rate rises above the coupon, the bond’s coupon is less attractive, so the bond must be sold for less than its face value to attrac......Login to view full explanation登录即可查看完整答案
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