题目
The cost of debt can be determined using the yield-to-maturity and the bond rating approaches. If the bond rating approach is used, the:
选项
A.coupon is the yield.
B.yield is based on the interest coverage ratio.
C.company is rated and the rating can be used to assess the credit default spread of the company’s debt.
答案
C
解析
Answer: C The bond rating approach depends on knowledge of the company's rating and can be compared with yields on bonds in the public market. 这道题目问的是债务成本可以使用YTM（到期收益率）和债券评级方法来确定。如采用债券评级方法，则:债券评级方法取决于对公司评级的了解，可以与公开市场上的债券收益率进行比较。因此C选项正确