开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

Pavel Korchagin · 2023年02月21日

A是什么意思没看懂

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

1 个答案

吴昊_品职助教 · 2023年02月22日

嗨,爱思考的PZer你好:


A选项的意思是,spot rate是未来单一现金流的折现率。这句话是对的。未来一系列现金流可以进行分拆,拆成若干份单一的现金流,然后用对应的即期利率进行折现。

----------------------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!