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  3. Study Set
    International Financial Management Study Set 5
  4. Exam
    Exam 12: International Bond Market
  5. Question
    Floating-Rate Notes
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Floating-Rate Notes

Question 6

Question 6

Multiple Choice

Floating-rate notes


A) are a form of adjustable rate bond.
B) have contractually specified coupon payments,therefore they are fixed rate bonds.
C) always trade at par value.
D) are a form of adjustable rate bond and always trade at par value.

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