FRM一级的考试题量非常的大,加上时间紧张,平均算来2分钟就需要完成一题。而很多时候,题干非常长,若不能及时抓住关键词,就难以完成考试。大家在平时的练习中,一定要锻炼自己的答题感觉,提高读题、做题速度。接下来高顿财经小编整理了一些frm一级习题,供大家练习。
A 5-year corporate bond paying an annual coupon of 8%is sold at a price reflecting a yield-to-maturity of 6%per year.One year passes and the interest rates remain unchanged.If the term structure is flat and all other factors is constant,the bond's price during this period will have:
A.Increased.
B.Decreased.
C.Remained constant.
D.Cannot be determined with the data given
Answer:B
Since,the bond is sold at a premium.As time passes,the bond price will move towards par.Hence the price will decrease.
推荐阅读:2016年11月FRM报名费用
推荐阅读:2016年11月FRM报名费用