The first project is to defease some of Kiest’s existing fixed-rate bonds that are maturing in each of the next three years.

NO.PZ2018120301000013 问题如下 Serenais a risk management specialist with Liability Protection Aisors. Trey, CFOof Kiest Manufacturing, enlists Serena’s help with three projects. Thefirst projeis to fease some of Kiest’s existing fixerate bon tharematuring in eaof the next three years. The bon have no call or putprovisions anpinterest annually. Exhibit 1 presents the paymentschele for the bon.Basen Exhibit 1, Kiest’s liabilities woulclassifieas: A.Type I liability B.Type II liability C.Type III liability CorreAnswer: is correct. Type I liabilities have cash outlays with known amounts antiming. The tes anamounts of Kiest’s liabilities are known; therefore, they woulclassifieType I liabilities. 看表格不是，时间确定（每年底）+金额不确定吗？所以应该是Type 3吗？能一下吗？

NO.PZ2018120301000013问题如下 Serenais a risk management specialist with Liability Protection Aisors. Trey, CFOof Kiest Manufacturing, enlists Serena’s help with three projects. Thefirst projeis to fease some of Kiest’s existing fixerate bon tharematuring in eaof the next three years. The bon have no call or putprovisions anpinterest annually. Exhibit 1 presents the paymentschele for the bon.Basen Exhibit 1, Kiest’s liabilities woulclassifieas: A.Type I liability B.Type II liability C.Type III liability CorreAnswer: is correct. Type I liabilities have cash outlays with known amounts antiming. The tes anamounts of Kiest’s liabilities are known; therefore, they woulclassifieType I liabilities. convertible bon属于type2还是type4？