NO.PZ2018062006000025
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.
考点:deferred coupon bond
解析:deferred coupon bond模拟了项目投资的现金流,发行这种债券,期初当项目没有现金流入时,不需要给投资者支付coupon,后期再支付coupon,故B选项正确。
从题干的意思来看我,我感觉C也是正确的,麻烦老师一下,谢谢