NO.PZ2019042401000033
问题如下：
Tribe Zhang,a distressed hedge fund manager, which of the following assets would Tribe most likely buy for his portfolio?
选项：
A. Investment grade corporate bonds.
B. Large-cap equities.
C. Government bonds.
D. High-yield corporate bonds.
解释：
D is correct.
考点：distressed hedge funds
解析：distressed hedge funds主要是通过投资一些出现严重财务问题或者处于破产边缘的公司（此时债券价格很低，风险很高），通过赌公司能够重组重新回到正轨（此时债券价格升高）来赚取收益。所以他最有可能买的就是high yeid corporate bond，也就是我们说的垃圾债。
A、B、C都不属于高风险的低价资产，所以不正确。
我理解A选项的投资级债券与D选项的高收益债券收益都很高
