债券久期问题Which of the following would always shorten a non-call
![](images/u2507.png)
债券久期问题
Which of the following would always shorten a non-callable bond's duration?
a. Upgrade in credit rating
b. Twist in the yield curve
c. Downgrade in credit rating
d. A merger with another firm
Which of the following would always shorten a non-callable bond's duration?
a. Upgrade in credit rating
b. Twist in the yield curve
c. Downgrade in credit rating
d. A merger with another firm
已提交,审核后显示!提交回复
共1条回复
wadaxiadi 共回答了23个问题
|采纳率91.3%- A would be the right choice.
When a bond is upgraded, its required rate of return goes down. That is, it is less sensitive to market rate changes. Indeed, less sensitive to rate change itself means shortened duration. Remember that the longer the duration, the more sensitive it is to market rate change.
FYI. - 1年前
相关推荐
大家在问
- 1有几个能告诉我圣诞节的真正含义!
- 27.25-3.65+3.75-6.35
- 3一个正方体,如果它的高增加4cm,表面积就增加96cm2,那么原来的正方体的表面积是().
- 4abaqus 里面画好一半图时,怎么对称出来另一半?如图怎样把右边图对称到黄线左边,初学者,非常之感谢
- 5有一个半径为1cm的圆盘在如图所示图形的内部滚动,图中所画的每个小正方形的边长都为1cm.将此圆盘沿着图形内部的边滚动一
- 6车的轴距,是说明什么的?车之间的比较,会考察这个吗?
- 7everyone should stay at school before 18,do you agree or dis
- 8下列实验室中的操作类似“海水煮盐”原理的是 ( ) A蒸馏 B蒸发
- 9《鹿柴》王维原文是返景入深林还是返影入深林
- 10那篇文言文的结尾是 是岁,元和四年也
- 11现有①青铜,②空气,③铁粉. ④氯酸钾,⑤液态氧,⑥酒精,⑦氯化钾,⑧水,⑨活性炭,⑩硫磺等物质,
- 12【】【】A【】KS的英文单词
- 13下面是两幅古代房屋的 下面是两幅古代房屋的复原图,结合所学知识回答下列问题: A B (1)写出图A和B房屋样式的名称.
- 14海纳山川什么意思
- 15(16分)可逆反应2 Cl 2 (g)+2H 2 O(g) 4HCl(g)+O 2 (g) ΔH>0,在一定条