國立臺灣大學資訊工程學系Lyuu, Yuh-DauhYuh-DauhLyuu2006-09-272018-07-052006-09-272018-07-052005http://ntur.lib.ntu.edu.tw//handle/246246/20060927122907476927• Under a normal spot rate curve, a coupon bond has a lower yield than a zero-coupon bond of equal maturity. • Picking a zero-coupon bond over a coupon bond based purely on the zero’s higher yield to maturity is flawed.application/pdf185856 bytesapplication/pdfzh-TWlearning objecthttp://ntur.lib.ntu.edu.tw/bitstream/246246/20060927122907476927/1/20050309.pdf