NO.PZ2016031002000021
问题如下:
Which of the following statements is most accurate about spot rate?
选项:
A.Spot rate is a discount rate for a single future payment.
B.Spot rate reflects the coupon rate that a hypothetical bond at each maturity would need to have to be priced at par.
C.Spot rate is an interest rate for a future period, such as a 1 year rate 1 year from now.
解释:
A is correct.
Spot rate is a discount rate for a single future payment. Par rate reflects the coupon rate that a hypothetical bond at each maturity would need to have to be priced at par. Forward rate is an interest rate for a future period.
考点:spot rate
解析:对于单一的future payment,我们折现到现在使用的折现率是spot rate,故选项A正确。
选项B描述的是par rate的定义,使得债券价值等于面值时的coupon rate,故选项B不正确。
选项C描述的是forward rate,代表的是将来某一段时间的利率,故选项C不正确。
如题