NO.PZ2016031001000090
问题如下:
The spread component of a specific bond’s yield-to-maturity is least likely impacted by changes in:
选项:
A.its tax status.
B.its quality rating.
C.inflation in its currency of denomination.
解释:
C is correct.
The spread component of a specific bond’s yield-to-maturity is least likely impacted by changes in inflation of its currency of denomination. The effect of changes in macroeconomic factors, such as the expected rate of inflation in the currency of denomination, is seen mostly in changes in the benchmark yield. The spread or risk premium component is impacted by microeconomic factors specific to the bond and bond issuer including tax status and quality rating.
请问受tax影响该如何理解?