Floating$-$rate notes $($FRN$)$

Question $18$ options:

a$)$

experience very volatile price changes between reset dates.

b$)$

are typically medium$-$term bonds with coupon payments indexed to inflation only.

c$)$

appeal to investors with strong need to preserve the principal value of the investment; they have an appetite for interest rate risk.

d$)$

are typically medium$-$term bonds with coupon payments indexed to some reference rate $($e$.$g$.,$ SOFR$),$ and appeal to investors with strong need to preserve the principal value of the investment should they need to liquidate prior to the maturity of the bonds.