NO.PZ2022090601000004
问题如下：
From the corporate issuer’s perspective, the risk level of bonds compared to stocks is ___________.选项：
A.lower. B.higher. C.the same.解释：
SolutionB is correct. From the issuer’s perspective, bonds are riskier than stocks for the same reason bonds are safer than stocks for investors. Bonds increase risk to the corporation by increasing leverage. If the company is struggling and cannot meet its promised obligations to bondholders, bondholders have the legal standing to force certain actions upon the corporation, such as bankruptcy and liquidation.
发行股票的成本又高，发行后如果股价大跌不是对公司资本损伤更大
