NO.PZ2023091701000006
问题如下:
An investment manager holds a variety of equity and debt securities issued by a firm. These securities include floating rate notes, participating bonds, income bonds, and preferred stock However; the tern faces financial difficulties and is in danger of default. Which of the following would constitute an act of default by the issuer?
选项:
A.Failure to pay interest to the holders of a floating-rate note B.Failure to pay a share of before-tax earnings to the holders of a participating bond C.Failure to pay dividends to the holders of preferred stock D.Failure to pay coupons to the holders of income bonds
解释:
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