loss on sale of equipment是什么老师？为什么在计算FCFE时计算出CFO后要减去改项？ 假设购买

GO bonds 和 revenue-backed bonds什么意思呀？

special consideration of high yield credit analysis中 change of control put，limitation on liens 和restricted versus unrestricted subsidiaries 是什么意思呀？

high demand for bond的时候为什么credit spread 会变小呢？

character 里的 soundness of strategy什么意思呀？怎么理解呀

covenants 指保护issuer 还是investors呀？然后这句话不太懂“for the corporate bonds, covenants are described in the bond prospectus , the document that is a part of a new bond issue."

industry growth prospect 前景越好， credit risk越高还是越低？

为什么rivalry among existing competitors，竞争越激烈，credit risk更高呢？

老师好！没太明白此题意思。这题不是说的是pull liquidity吗？和drag liquidity有什么关系呢？

老师好！net income to changes in operation income指的是DFL，net income to changes in unit sales是DTL