问题如下:
An investor is most likely to face the redemption risk when:
选项:
A. the bond is issued with a term maturity structure.
B. the bond is issued with a sinking fund.
C. the bond is a serial bond.
解释:
B is correct.
With a sinking fund arrangement, the issuer must redeem part of the issue before the maturity date.
请问下,term maturity structure和serial bond是哪个知识点的?