NO.PZ202209060200004106
问题如下:
Which of the following strategies would Maestre most likely recommend for retiring the Cávado bond?
选项:
A.Bond tender offer
B.Cash flow matching with government bonds
C.Duration matching with corporate bonds
解释:
SolutionA is correct. Because the outstanding bond issue can likely be purchased for a small premium over market value, there is no reason to engage in a more complicated and likely more expensive retirement process using a cash flow-matching or duration-matching strategy.
B is incorrect because there is no need to engage in the more complicated process when the outstanding bond issue can be purchased at little premium.
C is incorrect because there is no need to engage in the more complicated process when the outstanding bond issue can be purchased at little premium.
有点忘了Bond tender offer 是在哪里了,求指路