NO.PZ2023090503000004
问题如下:
Corporate equity and debt holders share the same investor perspective with respect to:
选项:
A.
maximum loss.
B.
investment risk.
C.
return potential.
解释:
A is correct.
For both equity and debt holders, their initial investment represents their maximum possible loss. The return potential is theoretically unlimited for equity holders, while it is capped for debtholders. Equity holders are exposed to a higher level of investment risk, as they hold a residual claim on the firm’s cash flows that is lower in priority to the debtholders’ claim.
公司破产清算后bondholder不是可以变卖资产吗,这种情况下maximum loss应该小于equity呀。还是说这道题不考虑这个点