单选题
Which one of the following statements best describes the components of the required interest rate on a security? A. The real risk - free rate, the expected inflation rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security. B. The real risk -free rate, the default risk premium, a liquidity premium and a premium to reflect the risk associated with the maturity of the security. C. The real risk - free rate, the expected inflation rate and a liquidity premium.
【正确答案】
A
【答案解析】The required interest rate on a security is made up of the nominal rate which is in turn made up of the real risk - free rate plus the expected inflation rate. It should also contain a liquidity premium as well as a premium related to the maturity of the security.