ZhouJo · 2020年10月10日
问题如下：
An investor is most likely to face the redemption risk when:
选项：
A.the bond is issued with a term maturity structure.
B.the bond is issued with a sinking fund.
C.the bond is a serial bond.
解释：
B is correct.
With a sinking fund arrangement, the issuer must redeem part of the issue before the maturity date.
这里的redemption risk 是理解为prepayment risk 吗 这两个风险有什么区别呢？
the bonis issuewith a term maturity structure这个是什么意思，会带来什么风险，是在哪里讲到了？ 谢谢
the bonis issuewith a sinking fun the bonis a seribon B is correct. With a sinking funarrangement, the issuer must reem part of the issue before the maturity te.sinking funprovision 的aantage 就是可以recret risk, 因为perioc principremptions. 所以为什么还选B呢？以及A C各错在什么地方？
sinking fun每一期赎回一点儿钱，那它的remption risk应该更低才对呀
the bonis issuewith a sinking fun the bonis a seribon B is correct. With a sinking funarrangement, the issuer must reem part of the issue before the maturity te. 请问下，term maturity structure和seribon哪个知识点的？
