证券从业资格考试

【单选题】Yield to call is a less conservative yield measure than the yield to maturity whenever the price of a callable bond is quoted at a value:
A、equal to par value less one year's interest.
B、equal to par value.
C、more than par.
网考网参考答案：A
网考网解析：
The more conservative yield measure is the one that results in a lower yield. The YTM on a discount bond will always be less than its yield to call. 查看试题解析出处>>