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货币金融学期末考试
195
单选题

Which
of the following are true concerning the distinction between interest
rates and returns?

A
The rate of return on a bond will not necessarily equal the interest
rate on that bond.
B
The return can be expressed as the difference between the current
yield and the rate of  
capital
gains.
C
The rate of return will be greater than the interest rate when the
price of the bond falls  
between
time t and time t +1.
D
The return can be expressed as the sum of the discount yield and the
rate of capital gains.

答案解析

正确答案:A
货币金融学期末考试

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