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发布时间:2024-05-24 01:39:41

[单项选择]Which of the following embedded options most likely benefits the bondholde()
A. Interest rate cap on a floating-rate bond.
B. Accelerated sinking fund provision.
C. Put provision at par on a bond that is trading at a premium.

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[简答题]

61) The earlier type of suburb, which was most dependent on the railroad, had a special advantage that could be fully appreciated only after it had disappeared. These suburbs, spread out along a railroad line, were discontinuous and properly spaced; and without the aid of legislation (法规) they were limited in population as well as area; for the biggest rarely held as many as ten thousand people, and under five thousand was more usual. In 1950, for example, Bronxville, New York, a typical upper-class suburb, had 6,778 people, while Riverside, Illinois, founded as early as 1869, had only 9,153.
62) The size and scale of the suburb, that of a neighborhood unit, was not entirely the result of its open planning, which favored low densities. Being served by a fail road line, with station stops from three to five miles apart, there was a natural limit to the spread of any particular community. 63) House had to be sited "within easy walking distance of the r

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