anyewumian · 2020年09月06日
问题如下：
Which bond offers the lowest yield-to-maturity?
选项：
A.Bond A
B.Bond B
C.Bond C
解释：
A is correct.
Bond A's price > par, so A's YTM is lower than its coupon rate, which is 7%.
Bond B's price = par, so B's YTM is equal to its coupon rate, which is 8%.
Bond C's price < par, so C's YTM is higher than its coupon rate, which is 7%.
So bond A offers the lowest YTM.
老师这道题不用计算吗
NO.PZ2018062010000023 问题如下 Whibonoffers the lowest yielto-maturity? A.Bon B.Bon C.Bon A is correct. BonA's pri par, so A's YTM is lower thits coupon rate, whiis 7%.BonB's pri= par, so B's YTM is equto its coupon rate, whiis 8%.BonC's pri par, so C's YTM is higher thits coupon rate, whiis 7%.So bonA offers the lowest YTM.考点YTM解析债券A价格大于面值，所以债券A的YTM低于其coupon rate (7%)；债券B的价格等于面值，所以债券B的YTM等于其coupon rate (8%)；债券C的价格小于面值，所以债券C的YTM高于其coupon rate (7%)。所以债券A的YTM最低，故A正确。 如题
NO.PZ2018062010000023问题如下Whibonoffers the lowest yielto-maturity?A.BonAB.BonBC.BonA is correct. BonA's pri par, so A's YTM is lower thits coupon rate, whiis 7%.BonB's pri= par, so B's YTM is equto its coupon rate, whiis 8%.BonC's pri par, so C's YTM is higher thits coupon rate, whiis 7%.So bonA offers the lowest YTM.考点YTM解析债券A价格大于面值，所以债券A的YTM低于其coupon rate (7%)；债券B的价格等于面值，所以债券B的YTM等于其coupon rate (8%)；债券C的价格小于面值，所以债券C的YTM高于其coupon rate (7%)。所以债券A的YTM最低，故A正确。 为什么价格大于面值，ytm就要大于coupon rate呢？在哪里有讲到
NO.PZ2018062010000023 问题如下 Whibonoffers the lowest yielto-maturity? A.Bon B.Bon C.Bon A is correct. BonA's pri par, so A's YTM is lower thits coupon rate, whiis 7%.BonB's pri= par, so B's YTM is equto its coupon rate, whiis 8%.BonC's pri par, so C's YTM is higher thits coupon rate, whiis 7%.So bonA offers the lowest YTM.考点YTM解析债券A价格大于面值，所以债券A的YTM低于其coupon rate (7%)；债券B的价格等于面值，所以债券B的YTM等于其coupon rate (8%)；债券C的价格小于面值，所以债券C的YTM高于其coupon rate (7%)。所以债券A的YTM最低，故A正确。 RT，这道题3个判断过程能详解下吗？谢谢！
