Sản phẩm & Rủi roCâu 42 / 398
Nominal yield on a bond refers to:
a.The annual coupon divided by the current market price
b.The stated coupon rate as a percentage of par value
c.The total return if held to maturity
d.The yield if the bond is called early
Giải thích
Nominal yield is simply the bond's stated coupon rate expressed as a percentage of par value, and it does not change with market price. Coupon over market price is current yield, held-to-maturity return is YTM, and early-call return is yield to call.
Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- If a bond's current yield is 5% and its coupon rate is 5%, the bond is most likely trading at:
- Two bonds are identical except for maturity. Which bond's price will generally change MORE for a given change in interest rates?
- An investor buys a bond at par with a 4% coupon. If market rates later drop to 2%, the market value of the investor's bond will most likely:
- Duration is a measure that helps investors estimate:
- Which of the following bond ratings represents the LOWEST credit risk?
- The line between 'investment grade' and 'non-investment grade' (high-yield) bonds generally falls at:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra