可以讲讲最后的put call option的理解吗，好像漏掉这个知识点了

NO.PZ2023040402000043问题如下 Michael is a junior analyst researching two companies thare in the same instry but heauartere anseeking to raise capital, in fferent countries. Michael gathers the following information.Whifeatures most likely justify thcompany B ha lower cost of capital? A.Financileverage anproportion of liquiassetsB.Legsystems anrevenue concetrationC.Business mol anfeatures A is incorrect. Company A with highly liquiassets, sucash anmarketable securities, are likely to have access to lower cost capital.B is incorrect. Countries with common law–baselegsystems tento more mature, so it offers greater investor protections, leang to lower costs of capitfor company A.C is correct. Company B hsubscription-base recurring revenue thlea to fairly stable earnings ancash flow streams, resulting in a lower cost of capital.The put option of company B is a benefit to investors, leang to a lower cost of capital. 为什么 B business mol 是融资成本更低

NO.PZ2023040402000043 问题如下 Michael is a junior analyst researching two companies thare in the same instry but heauartere anseeking to raise capital, in fferent countries. Michael gathers the following information.Whifeatures most likely justify thcompany B ha lower cost of capital? A.Financileverage anproportion of liquiassets B.Legsystems anrevenue concetration C.Business mol anfeatures A is incorrect. Company A with highly liquiassets, sucash anmarketable securities, are likely to have access to lower cost capital.B is incorrect. Countries with common law–baselegsystems tento more mature, so it offers greater investor protections, leang to lower costs of capitfor company A.C is correct. Company B hsubscription-base recurring revenue thlea to fairly stable earnings ancash flow streams, resulting in a lower cost of capital.The put option of company B is a benefit to investors, leang to a lower cost of capital. 老师，A的 Company A with highly liquiassets, sucash anmarketable securities, are likely to have access to lower cost capital.讲的是流动性资产多可以降低融资成本。我记得之前做过一道题，讲的是固定资产多可以降低融资成本，固定资产是非流动性资产的重要组成部分。所以请问上述两个结论对吗，他们之间矛盾吗？还是说流动性资产和非流动性资产都能降低企业融资成本，资产都可以降低企业融资成本？