问题 单项选择题

The price value of a basis point (PVBP) for a 18 year, 8 percent annual pay bond with a par value of $1000 and yield of 9 percent is closest to:()

A. $0.82.

B. $0.44.

C. $0.63.

答案

参考答案:A

解析:

PVBP = initial price - price if yield changed by 1 bps.

Initial price: