NO.PZ2018123101000093
问题如下:
Note: bond has a remaining maturity of three years, annual coupon payments, and a credit rating of BBB.
For the BI bond, one-sided:
选项:
A.up-duration will be greater than one-sided down-duration.
B.down-duration will be greater than one-sided up-duration.
C.up-duration and one-sided down-duration will be about equal.
解释:
C is correct.
考点:考察对One-side duration的理解
解析:
BI债券是一种不含权债券,单边上升久期和单边下降久期对于不含权债券而言大致相等。
请问一个相关知识点,请问怎么理解callable bond, one-sided down duration大于one-sided up duration