问题
单项选择题
The yield to maturity on an annual-pay bond 5.6 percent, what is the bond equivalent yield for this bond（）
A. 5.43%.
B. 5.60%.
C. 5.52%.
答案
参考答案：C
解析：
The bond-equivalent yield is computed as follows:
Bond-equivalent yield =2[(1+0.056)0.5-1]=5.52%.