第三章
In the case of a simple loan like this one, the interest payment divided by the amount of the loan is a natural and sensible way to measure the interest rate. ( )
答案:True
A coupon bond pays the owner of the bond a fixed interest payment (coupon payment) every year until the maturity date, when a specified final amount (face value or par value) is repaid. ( )
答案:True
Yield to maturity is the interest rate that equates the present value of cash flow payments received from a debt instrument with its value today. ( )
答案:True
The concept of present value (or present discounted value) is based on the commonsense notion that one Yuan paid to you one year from now is more valuable than one Yuan paid to you today. ( )With a fixed-payment bond, the return on the bond is equal to the rate of capital gain. ( )A discount bond ( ).

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