Question: MODULE QUIZ 4 1 . 3 . 4 :A floating - rate note has a quoted margin of + 5 0 basis points and arequired

MODULE QUIZ 41.3.4:A floating-rate note has a quoted margin of +50 basis points and arequired margin of +75 basis points. On its next reset date, the price ofthe note will be:A. equal to par value.B. less than par value.C. greater than par value.

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