NO.PZ201812020100001004
问题如下:
Which reason best supports Petit’s recommendation to increase the firm’s investment in high-yield bonds?
选项:
A.Reason 1
B.Reason 2
C.Reason 3
解释:
C is correct.
Better-than-expected economic growth is typically associated with narrower credit spreads and lower default rates for high-yield bonds.
现在credit spread is relatively high,那么价格就低。default will be low,那么credit spread就会变低,则价格会变高。
现在买入低价,并且判断未来价格会涨。所以我选择了B,请问错在哪里了?