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CFA考试资料答案R34 Valuation and Analysis of Bonds With Embedded Options - Answers.pdf

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Question #1 of 90 Question ID: 1210316 Using the following binomial interest rate tree, calculate the value of a two-year, 2.5% putable bond. The American style embedded put option can be exercised anytime and has a strike price of 99. The value is closest to: 3.75% 3.175% 2.665% 7 3 2 A) 97.92. 1 q i B) 98.75. s u C) 99.00. m : t Explanation a h The putable b

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