单选题 An analyst does research about calculating relative yield spread and gathered the following yield information about two bonds:
Issue Yield
5 year on-the-run Treasury 5.10%
5 year A-rated security 6.35%
The relative yield spread between these two bonds is closest to:
A. 4.5%
B. 19.7%
C. 24.5%

【正确答案】 C
【答案解析】[解析] relative yield spread=(6.35%-5.10%)/5.10%=24.5%。