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珈柠 · 2024年08月10日

CFA|

NO.PZ2023120801000027

问题如下:

Which of the following is not a reason why issuers elect to issue long-term debt as opposed to short-term debt?

选项:

A.

More stable funding for short-term activities

B.

Lower interest rates for longer maturities for a given issuer

C.

More stable funding for long-term needs, such as capital investments

解释:

Correct Answer: B

Under normal market conditions, longer maturities are associated with both higher interest rates (yields-to-maturity on government bonds) and higher credit spreads for a given issuer. A is incorrect because long-term debt provides more stable funding for short-term activities. C is incorrect because long-term debt provides more stable funding for long-term needs, such as capital investments.

从解析来看,C选项的说法好像是正确的啊?不选C因为这不是选择long term debt的原因吗?

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已采纳答案

品职答疑小助手雍 · 2024年08月10日

同学你好,这题问的是:哪一项不是选择长期债而不选择短期债的原因。

C说的是(借长期的债务)可以给长期的需求提供稳定的资金支持,这是选长期债的原因,所以不选C。

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