An interest rate floor:

Question $30$ options:

A$)$

obligates both parties to trade at a preset price at a future date

B$)$

gives one party the right to buy an underlying good in the future at a preset price

C$)$

gives one party the right to sell an underlying good in the future at a preset price

D$)$

sets the maximum interest rate paid$/$received

E$)$

none of the above