单选题
The relative yield spread between a corporate bond yielding 5.95% and an onthe-run Treasury security yielding 5.21% is closest to: A. 0.74% B. 12.44% C. 14.20%
【正确答案】
C
【答案解析】[解析] 本题考查相对收益率(relative yield spread)的计算方式。relative yield spread=absolute yield spread/yield on the benchmark bond =(5.95%-5.21%)/5.21%=0.1420。