万同学2021-12-26 21:12:10

这题1年期债券为什么也要考虑inflation uncertainty? 11 A corporate bond has a remaining maturity of 1 year, has a face value of EUR100, and is currently priced at EUR90.90. The real risk-free rate is 3.25%. Inflation is expected to be 2.0% next year, and the premium required by investors for inflation uncertainty is 0.25%.The implied credit risk premium embedded in the bond’s price is best described as:A equal to (100/90.90) - 1 = 10%.B 10% reduced by the real risk-free rate and expected inflation.C 10% reduced by the real risk-free rate, expected inflation, and the premium for inflation uncertainty.