单选题 An analyst does research about the Z-spread and nominal spread. Assume the Treasury spot-rate yield curve is upward slopping, compared to the nominal yield spread between a Treasury bond and an option-free corporate bond of similar maturity, Z-spread will be:
A. less than the nominal spread.
B. equal to the nominal spread.
C. greater than the nominal spread.

【正确答案】 C
【答案解析】[解析] 在收益率曲线向上弯曲时,零波动溢价(Z-spread)将大于名义溢价(nominal spread)。同理,当收益率曲线向下弯曲时,零波动溢价将小于名义溢价。若收益率曲线为水平,零波动溢价将等于名义溢价。