NO.PZ2018120301000024
问题如下：
Toillustrate SD&R’s immunization approach for controlling portfolio interestrate risk, Molly discusses a hypothetical portfolio composed of two non-callable,investment-grade bonds. The portfolio has a weighted average yield- to-maturityof 9.55%, a weighted average coupon rate of 10.25%, and a cash flow yield of9.85%.
Thetwo-bond hypothetical portfolio’s immunization goal is to lock in a rate ofreturn equal to:
选项：
A.
9.55%.
B.
9.85%.
C.
10.25%.
解释：
Correct Answer: B
B is correct. Immunization is the process of structuring and managing a fixed-income portfolio to minimize the variance in the realized rate of return and to lock in the cash flow yield (internal rate of return) on the portfolio, which in this case is 9.85%.
请问题目问的是哪里的考点
