NO.PZ2024021801000034
问题如下:
Compared to fixed-income investors, equity investors most likely place greater emphasis on ESG factors that affect:选项:
A.the risk of default. B.growth opportunities. C.balance sheet strength.解释:
A. Incorrect because fixed-income investors, not equity investors, have more focus on the risk of default. With a greater focus on return of capital and downside protection, fixed-income investors typically place greater emphasis on ESG factors that affect balance sheet strength (and therefore focus more on the risk of default) than equity investors, who are more concerned about growth opportunities because they own a residual claim on issuers’ net profit and assets.
B. Correct because equity investors are more concerned about growth opportunities because they own a residual claim on issuers’ net profit and assets.
C. Incorrect because fixed-income investors, not equity investors, have more focus on ESG factors that affect balance sheet strength. With a greater focus on return of capital and downside protection, fixed-income investors typically place greater emphasis on ESG factors that affect balance sheet strength (and therefore focus more on the risk of default) than equity investors, who are more concerned about growth opportunities because they own a residual claim on issuers’ net profit and assets.
不是说债券因为已经固定未来价值,所以债权人并不关心未来价值吗?