不懂为什么？

问题如下：

In terms of financial and operating characteristics, company A and company B are very similar. However, company A has more publicly traded debt outstanding than company B. The market liquidity risk for the debt of the company A is:

选项：

equal to that of company B.

higher than that of company B.

lower than that of company B.

解释：

C is correct.

Based on definition, market liquidity risk is the risk that the price at which investors can actually transact may differ from the price indicated in the market. There are two main issuer-specific factors that affect market liquidity risk: the size of the issuer and the credit quality of the issuer. More debt outstanding will decrease the market liquidity risk.