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实时资讯全掌握
Current spot rates are as follows:
1-Year: 6.5%Which of the following is CORRECT A. For a 3-year annual pay coupon bond, all cash flows can be discounted at 9.2% to find the bond's arbitrage-free value. B. The yield to maturity for 3-year annual pay coupon bond can be found by taking the geometric average of the 3 spot rates. C. For a 3-year annual pay coupon bond, the first coupon can be discounted at 6.5%, the second coupon can be discounted at 7.0%, and the third coupon plus maturity value can be discounted at 9.2% to find the bond's arbitrage-free value. |