Consider two corporate bonds identical in all respects except that one is convertible and the other is not. The return on the co

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问题 Consider two corporate bonds identical in all respects except that one is convertible and the other is not. The return on the convertible bond should be______.

选项 A、higher than that on the unconvertible bond
B、lower than that on the nonconvertible bond
C、the same as that on the nonconvertible bond
D、that one cannot tell which one of the two bonds should have a higher return

答案B

解析答案为B项。可转换债券的收益低于不可转换债券。故本题选B项。

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本试题收录于： FECT综合（现代金融业务）题库金融英语（FECT）分类

FECT综合（现代金融业务）

金融英语（FECT）

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Consider two corporate bonds identical in all respects except that one is convertible and the other is not. The return on the co

FECT综合（现代金融业务）

金融英语（FECT）

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