With respect to floating-rate bonds, a reference rate (such as MRR) is most likely used to determine
Question:
With respect to floating-rate bonds, a reference rate (such as MRR) is most likely used to determine the bond’s:
A. Spread.
B. Coupon rate.
C. Frequency of coupon payments.
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The answer is B Coupon rate The coupon rate of a floatingrate bond is reset periodically based o...View the full answer
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