Question: Floating - rate notes have contractually specified coupon payments, therefore they are fixed rate bonds. are a form of adjustable rate bond and always trade

Floating-rate notes
have contractually specified coupon payments, therefore they are fixed rate bonds.
are a form of adjustable rate bond and always trade at par value
are a form of adjustable rate bond.
always trade at par value.
 Floating-rate notes have contractually specified coupon payments, therefore they are fixed

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