Which one of the following features of corporate bonds has the greatest appeal to pension fund investors?

Question

Quizplus · Accepted Answer

Pension fund investors typically seek investments with predictable cash flows to match their long-term liabilities. Corporate bonds, with their fixed coupon payments, provide such predictable cash flows. Therefore, predictable cash flows are the most appealing feature of corporate bonds for pension fund investors.

Which One of the Following Features of Corporate Bonds Has