单选题
The yield to maturity for a semiannual-pay, 10 -year corporate bond is 5.25 percent. What is the bond's annual equivalent yield?
A. 5.00%.
B. 5.25%.
C. 5.32%.
A
B
C
【正确答案】
C
【答案解析】
The annual equivalent yield is equal to [1 + (nominal yield/number of payments per year)]
number of pay per year
-1=(1+0.0525/2)
2
-1=5.32%.
提交答案
关闭