NO.PZ2017102901000066
问题如下：
A firm issues a bond with a coupon rate of 5.00% when the market interest rate is 5.50% on bonds of comparable risk and terms. One year later, the market interest rate increases to 6.00%. Based on this information, the effective interest rate is:
选项：
A.5.00%.
B.5.50%.
C.6.00%
解释：
B is correct.
The market interest rate at the time of issuance is the effective interest rate that the company incurs on the debt. The effective interest rate is the discount rate that equates the present value of the coupon payments and face value to their selling price. Consequently, the effective interest rate is 5.50%.
老师好，关于effective int rate method这个知识点我没太明白。
我记得课上何老师说effective int rate method就是反应bond的fair value，会随着市场利率改变而涨涨跌跌，所以利率并不是bond刚发行时候的历史利率。但是这道题又是说effective int rate method就是发行时候的历史利率？到底该如何区分呢？
