NO.PZ2020011303000010
问题如下:
Which of the following is likely to have a lower coupon: (a) private placement or (b) a public bond issue? Why do issuers not always choose the lower coupon alternative?
选项:
解释:
Public issues usually have a lower coupon but higher issuance costs.
下面哪一个债券的coupon会更小?为什么发行人不选择发行coupon小的债券?
public bond的coupon会更小,但是发行成本会更高,有的时候也不划算。
rt