Question: The desire for floating-rate bonds, and consequently thier increased usage, arose out of the experience of the early 1980s, when inflation puched interest rates up

The desire for floating-rate bonds, and consequently thier increased usage, arose out of the experience of the early 1980s, when inflation puched interest rates up to very high levels and thus caused sharp declines in the prices of outstanding bonds. true or false Thanks much, Mike

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