爱考云 - 搜题找答案神器_海量试题解析在线查

题目 An asset manager at an insurance company is considering making a fixed income investment and holding it for 2 years. The manager is comparing two bond issues that have equal yield to maturity [...]

题目 The option-adjusted duration of a convertible bond will be close to the duration of a straight bond, which is similar in all other respects, when the: 选项 A.Stock price is extremely low. [...]

题目 Prior to the recent 2007 financial crisis, stress testing was primarily based on which of the following characteristics? Ⅰ.Significant system-wide correlations. Ⅱ.Historical or [...]

题目 The yield curve is upward sloping. You have a short T-Bond interest rate futures position. The following bonds are eligible for [...]

题目 The price of a six-month zero-coupon bond (bill) is $99.90 and the price of a one-year zero-coupon bond is $98.56. What is the implied six-month forward rate, under semi-annual compounding? [...]

题目 The six-month and one-year discount factors are, respectively, d(0.5) = 0.9920 and d(1.0) = 0.9760. What is the implied six-month forward rate, under semi-annual compounding? 选项 A.2.34% [...]

题目 An investor buys $10,000 face amount of the U.S. Treasury 6 1/2 (coupon rate = 6.50%) of August 15, 2017, for settlement on July 1st, 2014. The last coupon paid on February 15, 2014 and the [...]

题目 You have been asked to check for arbitrage opportunities in the Treasury bond market by comparing the cash flows of selected bonds with the cash flows of combinations of other bonds. If a [...]

题目 A fixed rate bond, currently priced at 102.9, has one year remaining to maturity and is paying an 8% coupon. Assuming the coupon is paid semiannually, what is the yield of the bond? 选项 [...]

题目 The term structure of swap rates is: 0.60% at 1 year; 0.90% at 2 years; 1.00% at 3 years; 2.20% at 4 years; 3.10% at 5 years. What is the two-year forward swap rate starting in three years, [...]