人生的旅途中，你总有那么一段时间，需要自己走，需要自己扛。不知道2021年CFA考试的道路上你是否还是一个人呢？今天小编给你说说CFA考题，陪你一起备考2021年考试！

An investor buys a pure-discount bond, holds it to maturity, and receives its par value. For tax purposes, the increase in the bond’s value is most likely to be treated as:

A  a capital gain.

B  interest income.

C  tax-exempt income.

【答案以及解析】B Tax authorities typically treat the increase in value of a pure-discount bond toward par as interest income to the bondholder. In many jurisdictions this interest income is taxed periodically during the life of the bond even though the bondholder does not receive any cash until maturity.

在这道CAF考题中你知识主要的核心词汇是哪一个吗？小编给你说说是  bond，翻译过来是债券的意思，那它含义是什么呢？

bond是指一种长期债务证券，其利息支付和债券赎回的方式会在证券上确定好。