问题
单项选择题
An investor purchased a 6 - year annual interest coupon bond one year ago. The coupon interest rate was 10 percent and the par value was $1000. At the time he purchased the bond, the yield to maturity was 8 percent. If he sold the bond after receiving the first interest payment and the yield to maturity continued to be 8 percent, his annual total rate of return on holding the bond for that year would have been:（）
A. 6.00%.
B. 9.95%.
C. 8.00%.
答案
参考答案：C
解析：
Purchase price N=6, PMT=100, FV=1000, I=8; CPT PV=1092.46 Sale price N=5, PMT=100, FV=1000, I=8; CPT PV=1079.85 % return=[(1079.85-1092.46+100)/1092.46]×100=8%