A 15-year, $1000 face value zero-coupon bond is priced to yield a return of 8.00 percent compounded semi-annually. What is the price of the bond, and how much interest will the bond pay over its life, respectively Bond Price Interest（）①A. $691.68 $308.32 ②B. $610.25 389.75 ③C. $308.32 691.68

单项选择题Which of the following statements regarding yield spreads is least accurate The:（）

A. option cost in percentage terms can be computed by subtracting the OAS from the zero-volatility spread.
B. nominal yield spread measures the difference between the YTM on a risky bond and the YTM on a Treasury bond of similar maturity.
C. zero-volatility spread is the constant spread that is added to each Treasury spot rate to equate the present value of a bond’s cash flows to the price of an otherwise identical option-free bond.

单项选择题An investor gathers the following information about three U. S. Treasury annual coupon bonds: If bond price converge to their arbitrage-free value, what should happen to the price of Bond 3（）

A. Selling pressure should decrease its value.
B. Buying pressure should increase its value.
C. Selling pressure should increase its value.