爱考云 - 搜题找答案神器_海量试题解析在线查

题目 The interest rate for a 1-year period is 5% and the rate for a 2-year period is 6%. Assuming continuous compounding, what is the forward rate for the period from the end of the first year to [...]

题目 Each of the following statements about futures and/or forwards is true EXCEPT which is false? 选项 A.Margin requirements are the same on short futures positions as they are on long futures [...]

题目 Which of the following is TRUE of a corporate debenture bond? 选项 A.Debentures are unsecured bonds; i.e., they are not secured by a specific pledge of designated property B.Debenture [...]

题目 Assuming the 92-day and 274-day interest rate is 8% (act/360, money market yield) compute the 182-day forward rate starting in 92 days (act/360, money market yield). 选项 A.7.8% B.8.0% [...]

题目 Which of the following is most likely to cause an increase (i.e., widening) in a corporate bond credit spread? 选项 A.Economic expansion in the business cycle B.Increase in the bond’s [...]

题目 A bond portfolio has the following compositions: Portfolio A: price $90,000, modified duration 2.5, long position in 8 bonds; Portfolio B: price $110,000, modified duration 3, short position [...]

题目 An increase in which of the following factors will increase the duration of a fixed-rate coupon bond? 选项 A.Yield-to-maturity B.Maturity C.Coupon value D.Coupon frequency 答案 B 解析 [...]

题目 Which of the following is TRUE about a Guaranteed Corporate Bond? 选项 A.Guaranteed bonds are free of default risk B.The safety of a guaranteed bond depends on the financial capability of [...]

题目 On a single day the price of a corporate bond with a modified duration of 4.52 years drops from $87.20 to $85.65. If the benchmark yield increases by 10 basis points during the day, which is [...]

题目 Which one of the following statements is most correct? 选项 A.Hedgers and arbitrageurs have a productive role in markets but speculators intensify systematic risk and do not have a [...]