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:
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