Question: With respect to fl oating-rate bonds, a reference rate such as the London interbank off ered rate (Libor) is most likely used to determine the
With respect to fl oating-rate bonds, a reference rate such as the London interbank off ered rate (Libor) is most likely used to determine the bond’s:
A . spread.
B . coupon rate.
C . frequency of coupon payments.
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