题目
When issuing debt, a company may use a sinking fund arrangement as a means of reducing:
选项
A.credit risk.
B.inflation risk.
C.interest rate risk.
答案
A
解析
： A is correct. A sinking fund arrangement is a way to reduce credit risk by making the issuer set aside funds over time to retire the bond issue. B and C are incorrect because a sinking fund arrangement has no effect on inflation risk or interest rate risk. ： A是正确的。偿债基金安排是一种降低信用风险的方法，通过使发行人在一段时间内留出资金以偿还债券。B和C是不正确的，因为偿债基金安排对通货膨胀风险或利率风险没有影响。