单选题
Which is the bond-equivalent yield given if the monthly yield is equal to 0.7 percent?
A、
A. 8.40%.
B、
B. 8.58%.
C、
C. 8.55%.
【正确答案】
C
【答案解析】
The bond equivalent yield (BEY) is computed as follows:
BEY =2×[(1 + monthly yield)
6
-1]=2×[(1+0.007)
6
-1]=8.55%
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