问题如下：
A five-year bond has the following cash flows:
The bond can best be described as a
选项：
A.bullet bond.
B.fully amortized bond.
C.partially amortized bond.
解释：
B is correct.
A bond that is fully amortized is characterized by a fixed periodic payment schedule that reduces the bond’s outstanding principal amount to zero by the maturity date. The stream of £230.97 payments reflects the cash flows of a fully amortized bond with a coupon rate of 5% and annual interest payments.
为什么是coupon rate=5%而不是YTM？哪里看出是平价发行呢
