[CFA level 1模拟真题]Version 5 Questions－Q29 face, accounting, experience, principles, otherwise

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Q29. Assume U.S.GAAP (generally accepted accounting principles) applies unless otherwise noted. When market interest rates increase, will a company that issued fixed – rate debt prior to the increase in rates most likely experience a(n):

	Economic loss?	Change in the amount of debt recorded on the balance sheet?
A	No	No
B	No	Yes
C	Yes	No
D	Yes	Yes

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答案详解如下：

Q29. A  Study Session   10-45-d

An increases interest rates would reduce the market value of the debt and pro duce an economic gain for the issuing company; a change in market interest rates would not affect the amount of debt recorded on the issuing company's balance sheet.

liquidn

？

fantasy_ln

11

technet

a

ondesert

a

roger88

thanks

一只船

e

Linda_SCB

c

yangyangda

a