问题
单项选择题
Which of the following packages of securities is equivalent to a three-year 8 percent coupon bond with semi-annual coupon payments and a par value of 1007 A three-year zero-coupon bond:（）
A. with a par value of 150 and six 8% coupon bonds with a maturity equal to the time to each coupon payment of the above bond.
B. with a par of 100 and three zero-coupon bonds with a par value of 4 and maturities equal to the time to each coupon payment of the coupon bond.
C. with a par of 100 and six zero-coupon bonds with a par value of 4 and maturities equal to the time to each coupon payment of the coupon bond.
答案
参考答案：C
解析：
This combination of zero-coupon bonds has exactly the same cash flows as the above coupon bond and therefore it is equivalent to it.