From the bondholder's perspective, what are the potential advantages and disadvantages of floating coupons?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 05:01 AM

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From the bondholder's perspective, what are the potential advantages and disadvantages of floating coupons?

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The advantage is that the coupon adjusts up when interest ...View the full answer

Fundamentals of Investments Valuation and Management

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