- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 14. Credit Risk
- Subject 1. Sources of Credit Risk
CFA Practice Question
Management's duty to bondholders is ______.
B. to maximize the bondholder's value
C. the growth of the company
A. limited to the terms of bond contract
B. to maximize the bondholder's value
C. the growth of the company
Correct Answer: A
User Contributed Comments 1
| User | Comment |
|---|---|
| Fezfez23 | I dont get this. How? |