Question: A bond indenture specifies that the coupon rate will increase by 3 0 basis points ( bps ) every lime the issuer recelves a downgrade.

A bond indenture specifies that the coupon rate will increase by 30 basis points (bps) every lime the issuer recelves a downgrade. This bond is most akely a:
A floating rate note.
B step-up coupon bond.
C
? i 170
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A bond indenture specifies that the coupon rate

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