单选题 An investor purchased a 10 - year zero-coupon bond with a yield to maturity of 10 percent and a par value of $1000. What would her rate of return be at the end of the year if she sells the bond? Assume the yield to maturity on the bond is 9 percent at the time it is sold and annual compounding periods are used.
【正确答案】 C
【答案解析】Purchase price I=10, N=10, PMT=0, FV=1000, CPT PV=385.54 Selling price I=9, N=9, PMT=0, FV=1000, CPT PV=460.43 % Return=(460.43-385.54)/385.54×100=19.42%