问题如下:
Which type of bond is a reasonable choice for a company that is financing a large project and will generate cash flows after a period of time?
选项:
A. A floating rate note.
B. A deferred coupon bond.
C. A capital-index bond.
解释:
B is correct.
The coupon payments of a deferred coupon bond are deferred for a number of years. It is favorable for financing projects that will not generate any revenue until it is completed. When the revenues are generated after the project is completed, the cash flows from the project and assets can be used to pay the coupon.
没明白,可以再解释一下吗