What is a bond’s yield?______.A、The same as the coupon.B、The time until a bond

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问题 What is a bond’s yield?______.

选项 A、The same as the coupon.
B、The time until a bond matures.
C、The annual return until the bond matures.
D、The total risk offered by a bond.

答案 C

解析答案为C项。债券价格是波动的，因此债券的收益率不等于息票率，应包括息票收入加减资本利得或损失；如债券持有到期，其收益率可表示为年收益率。故本题选C项。

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