微信扫一扫
实时资讯全掌握
The following are the yields on various bonds. The relevant benchmark is that of the bond sector.
Is the ABC bond undervalued or overvalued and why? Using relative value analysis, the ABC bond is: A. undervalued because its yield is less than that of Treasuries. B. undervalued because its spread is less than that of comparable bonds. C. overvalued because its spread is less than that of comparable bonds. |