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Basic Question 15 of 18
A company is considering issuing bonds to finance a project. The project is not expected to generate any income during the development phase, which may last for a few years. Which type of bonds would the company most prefer?
B. Deferred coupon bonds
C. Inverse FRNs
A. Credit-linked coupon bonds
B. Deferred coupon bonds
C. Inverse FRNs
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Learning Outcome Statements
describe common cash flow structures of fixed-income instruments
CFA® 2024 Level I Curriculum, Volume 4, Module 2.