NO.PZ202305230100003904
问题如下:
Match the following statements about par rate curves with corresponding statements about spot rate curves.
选项:
解释:
1. A. This situation is illustrated in the German and Swiss government interest rate data in which spot rates are negative while the spot rate curve is upward sloping. In such instances, par rates lie above spot rates.
2. B. This situation is illustrated in the Canadian and Australian government interest rate data in which spot rates are positive and the spot curve is normal.
3. C. This is a hypothetical case but can be seen by creating a flat spot rate curve.
没太明白a。。。。。