未知题型
The yield to maturity on a bond is______.
A.below the coupon rate when the bond sells at a discount, and above the coupon rate when the bond sells at a premium
B.the discount rate that set the present value of the payments equal to the bond price
C.the current yield plus the average annual capital gain rate
D.based on the assumption that any payments received are reinvested at the coupon rate
A.A.belowB.the
C.the
D.based
【参考答案】
B
解析：答案为B项。A项意思有误。因为当债券折价出售时，到期收益率会超过息票率，而当债券溢价出售时，则会低于息......
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