问题
单项选择题
Which is the bond-equivalent yield given if the monthly yield is equal to 0.7 percent()
A. 8.40%.
B. 8.58%.
C. 8.55%.
答案
参考答案:C
解析:
The bond equivalent yield (BEY) is computed as follows:
BEY =2×[(1 + monthly yield)6-1]=2×[(1+0.007)6-1]=8.55%