问题 单项选择题

Kira Sigard, CFA and an attorney with an investment banking firm, structures a client’s bond issue to include a "poison put". This is a provision that requires the issuer to redeem the bond at par in the case of a corporate takeover, a merger, or anti-takeover measure that would dissipate significant corporate assets. An investor who purchases this bond is protected from what type of risk()

A. Call Risk.

B. Reinvestment Risk.

C. Event Risk.

答案

参考答案:C

解析:

Event risk refers to the possibility that there may be a single event or circumstance that could have a major effect on the ability of an issuer to repay a bond obligation. The poison put specifically protects an investor from corporate event risk.

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